BlackRock Health Sciences Term Trust to Issue Monthly Dividend of $0.11 (NYSE:BMEZ)

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be paid a dividend of 0.11 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Tuesday, January 20th.

BlackRock Health Sciences Term Trust Price Performance

Shares of BlackRock Health Sciences Term Trust stock opened at $15.40 on Friday. The business has a 50 day simple moving average of $15.17 and a two-hundred day simple moving average of $14.68. BlackRock Health Sciences Term Trust has a 12 month low of $12.58 and a 12 month high of $16.75.

BlackRock Health Sciences Term Trust Company Profile

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.