BlackRock Science and Technology Trust (NYSE:BST) to Issue Monthly Dividend of $0.25

BlackRock Science and Technology Trust (NYSE:BST) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.25 per share on Wednesday, April 30th. This represents a $3.00 dividend on an annualized basis and a yield of 9.19%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Science and Technology Trust Stock Performance

Shares of NYSE:BST traded down $1.23 on Thursday, reaching $32.64. 180,731 shares of the company’s stock were exchanged, compared to its average volume of 124,105. BlackRock Science and Technology Trust has a twelve month low of $31.38 and a twelve month high of $39.59. The company has a fifty day moving average of $36.23 and a 200-day moving average of $36.45.

Insider Activity

In other news, Portfolio Manager Tony Kim acquired 10,264 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were acquired at an average cost of $38.78 per share, with a total value of $398,037.92. Following the completion of the purchase, the portfolio manager now directly owns 41,514 shares of the company’s stock, valued at $1,609,912.92. The trade was a 32.84 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

BlackRock Science and Technology Trust Company Profile

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.