BlackRock Health Sciences Term Trust (BMEZ) to Issue Monthly Dividend of $0.11 on March 31st

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.11 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Health Sciences Term Trust Trading Down 1.2%

BMEZ traded down $0.17 on Wednesday, hitting $14.44. 101,705 shares of the company were exchanged, compared to its average volume of 287,201. The firm has a 50-day moving average price of $15.13 and a two-hundred day moving average price of $14.93. BlackRock Health Sciences Term Trust has a twelve month low of $12.58 and a twelve month high of $15.80.

BlackRock Health Sciences Term Trust Company Profile

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.