BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Declares Monthly Dividend of $0.11

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.1052 per share on Friday, May 31st. This represents a $1.26 annualized dividend and a yield of 7.07%. The ex-dividend date is Tuesday, May 14th. This is a boost from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.10.

BlackRock Science and Technology Term Trust has increased its dividend payment by an average of 13.5% annually over the last three years and has raised its dividend every year for the last 1 years.

BlackRock Science and Technology Term Trust Stock Up 1.6 %

NASDAQ BSTZ traded up $0.28 during trading hours on Friday, reaching $17.84. 176,591 shares of the company’s stock were exchanged, compared to its average volume of 270,999. The firm has a fifty day moving average of $18.48 and a 200-day moving average of $17.30. BlackRock Science and Technology Term Trust has a one year low of $14.11 and a one year high of $19.47.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.