BlackRock Science and Technology Term Trust (BSTZ) To Go Ex-Dividend on August 15th

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.2141 per share on Friday, August 30th. This represents a $2.57 dividend on an annualized basis and a dividend yield of 14.59%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.21.

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

BlackRock Science and Technology Term Trust Price Performance

Shares of NASDAQ:BSTZ traded down $0.73 during midday trading on Friday, reaching $17.61. 768,830 shares of the company’s stock were exchanged, compared to its average volume of 262,091. The company’s 50 day simple moving average is $19.64 and its two-hundred day simple moving average is $18.73. BlackRock Science and Technology Term Trust has a 12 month low of $14.11 and a 12 month high of $20.95.

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.