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

BlackRock Science and Technology Trust (NYSE:BST) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.25 per share on Monday, March 31st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.55%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Science and Technology Trust Stock Performance

Shares of BST stock traded down $0.22 on Tuesday, reaching $35.08. 244,507 shares of the company’s stock traded hands, compared to its average volume of 149,106. BlackRock Science and Technology Trust has a 12-month low of $31.38 and a 12-month high of $39.59. The business’s 50 day moving average price is $37.55 and its two-hundred day moving average price is $36.53.

Insider Activity

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim purchased 10,264 shares of the stock in a transaction dated Thursday, February 20th. The shares were acquired at an average price of $38.78 per share, for a total transaction of $398,037.92. Following the completion of the acquisition, the portfolio manager now owns 41,514 shares of the company’s stock, valued at $1,609,912.92. This represents a 32.84 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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.