BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Announces Monthly Dividend of $0.16

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be given a dividend of 0.1625 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Science and Technology Term Trust Trading Down 0.1%

Shares of NASDAQ BSTZ traded down $0.03 during midday trading on Wednesday, reaching $23.16. The company had a trading volume of 16,276 shares, compared to its average volume of 294,001. BlackRock Science and Technology Term Trust has a one year low of $15.22 and a one year high of $23.47. The firm’s fifty day moving average price is $22.71 and its 200-day moving average price is $22.22.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.