BlackRock Health Sciences Term Trust Announces Monthly Dividend of $0.18 (NYSE:BMEZ)

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.176 per share on Friday, August 30th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 13.36%. The ex-dividend date is Thursday, August 15th.

BlackRock Health Sciences Term Trust has raised its dividend by an average of 20.7% per year over the last three years.

BlackRock Health Sciences Term Trust Trading Down 1.6 %

NYSE BMEZ traded down 0.26 on Friday, reaching 15.81. 221,700 shares of the company’s stock traded hands, compared to its average volume of 298,639. BlackRock Health Sciences Term Trust has a fifty-two week low of 12.93 and a fifty-two week high of 16.59. The stock has a 50 day moving average price of 15.41 and a 200-day moving average price of 15.52.

BlackRock Health Sciences Term Trust Company Profile

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.