BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Declares Monthly Dividend of $0.05

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) announced a monthly dividend on Friday, February 27th. Investors of record on Wednesday, April 15th will be given a dividend of 0.0525 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Wednesday, April 15th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Performance

Shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock opened at $7.22 on Monday. The business’s 50 day moving average price is $6.58 and its 200 day moving average price is $6.68. The company has a market cap of $424.43 million, a price-to-earnings ratio of -3.18 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a one year low of $5.63 and a one year high of $7.50.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.