BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) to Issue Monthly Dividend of $0.05

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be given a dividend of 0.0525 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, November 13th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

BTX stock opened at $8.80 on Friday. The stock has a market cap of $517.96 million, a price-to-earnings ratio of -3.88 and a beta of 4.61. The company has a 50 day simple moving average of $8.61 and a 200 day simple moving average of $8.08. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 1 year low of $6.13 and a 1 year high of $9.44.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.