BlackRock Health Sciences Term Trust (BMEZ) To Go Ex-Dividend on January 15th

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1782 per share on Friday, January 31st. This represents a $2.14 annualized dividend and a dividend yield of 13.94%. The ex-dividend date is Wednesday, January 15th.

BlackRock Health Sciences Term Trust has increased its dividend payment by an average of 0.8% per year over the last three years.

BlackRock Health Sciences Term Trust Trading Down 1.2 %

Shares of NYSE BMEZ opened at $15.34 on Monday. BlackRock Health Sciences Term Trust has a 12-month low of $14.27 and a 12-month high of $16.59. The stock has a 50 day simple moving average of $15.30 and a 200-day simple moving average of $15.58.

Insider Transactions at BlackRock Health Sciences Term Trust

In related news, major shareholder Saba Capital Management, L.P. bought 29,795 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The shares were acquired at an average cost of $15.81 per share, for a total transaction of $471,058.95. Following the acquisition, the insider now directly owns 20,750,913 shares of the company’s stock, valued at $328,071,934.53. The trade was a 0.14 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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.