BlackRock Health Sciences Trust to Issue Monthly Dividend of $0.26 (NYSE:BME)

BlackRock Health Sciences Trust (NYSE:BME) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.2621 per share on Friday, January 31st. This represents a $3.15 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Health Sciences Trust has increased its dividend by an average of 2.1% per year over the last three years.

BlackRock Health Sciences Trust Stock Performance

BME stock traded up $0.81 during midday trading on Friday, hitting $38.30. The company’s stock had a trading volume of 75,414 shares, compared to its average volume of 132,107. The firm’s 50-day moving average is $39.18 and its 200-day moving average is $40.60. BlackRock Health Sciences Trust has a 12 month low of $36.87 and a 12 month high of $42.86.

About BlackRock Health Sciences Trust

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.