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

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.0525 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, September 15th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 0.4%

Shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock opened at $8.84 on Friday. The stock has a market capitalization of $520.26 million, a price-to-earnings ratio of -3.90 and a beta of 4.61. The firm’s 50-day moving average price is $8.61 and its two-hundred day moving average price is $8.09. 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.