BlackRock Science and Technology Term Trust to Issue Monthly Dividend of $0.22 (NASDAQ:BSTZ)

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.2218 per share on Wednesday, April 30th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 15.84%. The ex-dividend date is Tuesday, April 15th.

BlackRock Science and Technology Term Trust Stock Down 3.3 %

NASDAQ:BSTZ opened at $16.80 on Friday. The stock has a 50 day moving average price of $19.88 and a 200 day moving average price of $20.37. BlackRock Science and Technology Term Trust has a one year low of $15.85 and a one year high of $22.28.

Insider Buying and Selling

In other BlackRock Science and Technology Term Trust news, Portfolio Manager Tony Kim bought 27,000 shares of the business’s stock in a transaction on Thursday, March 13th. The stock was bought at an average price of $18.57 per share, with a total value of $501,390.00. Following the completion of the purchase, the portfolio manager now directly owns 193,533 shares in the company, valued at $3,593,907.81. The trade was a 16.21 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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.