BlackRock Tchnlgy nd Prvt Eqty Trm Trst (BTX) to Issue Monthly Dividend of $0.05 on June 30th

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) announced a monthly dividend on Friday, February 27th. Investors of record on Monday, June 15th will be given a dividend of 0.0525 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date is Monday, June 15th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock traded up $0.11 during mid-day trading on Friday, reaching $9.06. 716,341 shares of the company were exchanged, compared to its average volume of 820,178. The company has a fifty day simple moving average of $8.16 and a 200-day simple moving average of $7.17. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12 month low of $6.13 and a 12 month high of $9.39. The firm has a market cap of $532.67 million, a PE ratio of -3.99 and a beta of 4.61.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.