BlackRock Health Sciences Term Trust (BMEZ) to Issue Dividend of $0.18 on January 31st

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.1782 per share on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

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

BlackRock Health Sciences Term Trust Trading Up 3.6 %

Shares of BMEZ opened at $15.00 on Friday. BlackRock Health Sciences Term Trust has a 52-week low of $14.27 and a 52-week high of $16.59. The company has a 50-day simple moving average of $15.32 and a 200-day simple moving average of $15.56.

Insider Activity at BlackRock Health Sciences Term Trust

In related news, major shareholder Saba Capital Management, L.P. purchased 15,281 shares of the company’s stock in a transaction on Monday, October 14th. The stock was bought at an average price of $15.87 per share, with a total value of $242,509.47. Following the completion of the transaction, the insider now owns 20,686,197 shares of the company’s stock, valued at approximately $328,289,946.39. This represents a 0.07 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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.