BlackRock Science and Technology Trust (NYSE:BST) Announces $0.25 Monthly Dividend

BlackRock Science and Technology Trust (NYSE:BSTGet Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.25 per share on Thursday, February 29th. This represents a $3.00 annualized dividend and a yield of 8.05%. The ex-dividend date is Wednesday, February 14th.

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

BlackRock Science and Technology Trust Stock Up 1.1 %

Shares of BlackRock Science and Technology Trust stock opened at $37.28 on Monday. BlackRock Science and Technology Trust has a 12 month low of $29.62 and a 12 month high of $37.37. The business has a fifty day simple moving average of $34.57 and a 200 day simple moving average of $33.32.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

A number of institutional investors have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in shares of BlackRock Science and Technology Trust during the fourth quarter worth $118,000. Comerica Bank bought a new stake in shares of BlackRock Science and Technology Trust in the third quarter worth about $129,000. Morgan Stanley increased its holdings in shares of BlackRock Science and Technology Trust by 2.0% in the third quarter. Morgan Stanley now owns 1,327,578 shares of the company’s stock worth $41,699,000 after acquiring an additional 26,058 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of BlackRock Science and Technology Trust by 2.2% in the third quarter. Royal Bank of Canada now owns 257,992 shares of the company’s stock worth $8,102,000 after acquiring an additional 5,448 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of BlackRock Science and Technology Trust by 1.0% in the third quarter. Stifel Financial Corp now owns 41,037 shares of the company’s stock worth $1,289,000 after acquiring an additional 425 shares in the last quarter.

About BlackRock Science and Technology Trust

(Get Free Report)

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.

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Dividend History for BlackRock Science and Technology Trust (NYSE:BST)

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