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

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 paid 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 13.30%. The ex-dividend date is Thursday, August 15th.

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

BlackRock Health Sciences Term Trust Stock Down 0.4 %

NYSE BMEZ traded down 0.06 during trading hours on Wednesday, reaching 15.88. The company’s stock had a trading volume of 49,117 shares, compared to its average volume of 294,027. The firm has a fifty day simple moving average of 15.48 and a 200-day simple moving average of 15.56. BlackRock Health Sciences Term Trust has a 52 week low of 12.93 and a 52 week high of 16.59.

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.