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

BlackRock Science and Technology Trust (NYSE:BST) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 9.19%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Science and Technology Trust Price Performance

Shares of BST traded down $1.23 during mid-day trading on Thursday, hitting $32.64. 180,731 shares of the company’s stock were exchanged, compared to its average volume of 124,105. The company has a 50-day simple moving average of $36.23 and a 200 day simple moving average of $36.45. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.59.

Insider Activity

In other news, Portfolio Manager Tony Kim acquired 10,264 shares of the stock in a transaction dated Thursday, February 20th. The shares were bought at an average cost of $38.78 per share, for a total transaction of $398,037.92. Following the purchase, the portfolio manager now directly owns 41,514 shares of the company’s stock, valued at approximately $1,609,912.92. This trade represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.