BlackRock Health Sciences Trust (BME) to Issue Monthly Dividend of $0.26 on March 31st

BlackRock Health Sciences Trust (NYSE:BME) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.2621 per share on Monday, March 31st. This represents a $3.15 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date is Friday, March 14th.

BlackRock Health Sciences Trust has raised its dividend by an average of 2.3% per year over the last three years.

BlackRock Health Sciences Trust Stock Performance

BME stock traded up $0.13 during midday trading on Wednesday, hitting $38.85. 4,115 shares of the company’s stock were exchanged, compared to its average volume of 47,538. BlackRock Health Sciences Trust has a one year low of $36.87 and a one year high of $42.64. The stock’s fifty day moving average price is $39.86 and its 200-day moving average price is $40.28.

BlackRock Health Sciences Trust Company Profile

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.