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

BlackRock Science and Technology Trust (NYSE:BST – Get Rating) declared a monthly dividend on Friday, April 1st, Zacks reports. Investors of record on Thursday, April 14th will be given a dividend of 0.25 per share on Friday, April 29th. This represents a $3.00 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date is Wednesday, April 13th.

BST opened at $40.44 on Tuesday. BlackRock Science and Technology Trust has a 52 week low of $38.55 and a 52 week high of $61.70. The business’s fifty day simple moving average is $43.07 and its 200 day simple moving average is $48.18.

In other news, Portfolio Manager Tony Kim bought 16,750 shares of BlackRock Science and Technology Trust stock in a transaction that occurred on Wednesday, February 2nd. The shares were acquired at an average price of $46.45 per share, with a total value of $778,037.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Several large investors have recently made changes to their positions in BST. NEXT Financial Group Inc grew its stake in shares of BlackRock Science and Technology Trust by 32.5% during the fourth quarter. NEXT Financial Group Inc now owns 3,648 shares of the company’s stock valued at $182,000 after buying an additional 894 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of BlackRock Science and Technology Trust during the fourth quarter valued at about $217,000. Sequoia Financial Advisors LLC bought a new position in shares of BlackRock Science and Technology Trust during the fourth quarter valued at about $298,000. JPMorgan Chase & Co. grew its stake in shares of BlackRock Science and Technology Trust by 22.4% during the fourth quarter. JPMorgan Chase & Co. now owns 6,121 shares of the company’s stock valued at $306,000 after buying an additional 1,121 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of BlackRock Science and Technology Trust during the fourth quarter valued at about $335,000.

About BlackRock Science and Technology Trust (Get Rating)

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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