BlackRock Science and Technology Term Trust Cuts Dividend by 0.2% to $0.2164/Share
ByAinvest
Tuesday, Aug 5, 2025 1:21 pm ET1min read
BLK--
The adjustment in the monthly dividend reflects the Fund's managed distribution plan, which aims to maintain a consistent level of income, capital gains, and/or return of capital to its shareholders. Under this plan, the Fund will distribute all available net income, with long-term capital gains and/or return of capital used to maintain a level distribution if sufficient income is not available on a monthly basis [1].
BlackRock has emphasized that the decrease in the dividend does not necessarily reflect the Fund's investment performance. Instead, it may be a result of the Fund's strategy to manage distributions and maintain a stable payout to shareholders [1].
Investors are advised to check the Fund's performance and distribution data regularly, as BlackRock updates this information monthly on its website. The Fund's website also provides additional material information as necessary [1].
References:
[1] https://finance.yahoo.com/news/certain-blackrock-closed-end-funds-203000817.html
BST--
BlackRock Science and Technology Term Trust (BSTZ) has decreased its monthly dividend by 0.2% to $0.2164/share. The forward yield is 12.13%. The dividend is payable on Aug. 29 for shareholders of record on Aug. 15.
BlackRock Science and Technology Term Trust (BSTZ) has announced a decrease in its monthly dividend by 0.2% to $0.2164 per share. The forward yield now stands at 12.13%. The dividend, payable on August 29, will be distributed to shareholders of record as of August 15, 2025 [1].The adjustment in the monthly dividend reflects the Fund's managed distribution plan, which aims to maintain a consistent level of income, capital gains, and/or return of capital to its shareholders. Under this plan, the Fund will distribute all available net income, with long-term capital gains and/or return of capital used to maintain a level distribution if sufficient income is not available on a monthly basis [1].
BlackRock has emphasized that the decrease in the dividend does not necessarily reflect the Fund's investment performance. Instead, it may be a result of the Fund's strategy to manage distributions and maintain a stable payout to shareholders [1].
Investors are advised to check the Fund's performance and distribution data regularly, as BlackRock updates this information monthly on its website. The Fund's website also provides additional material information as necessary [1].
References:
[1] https://finance.yahoo.com/news/certain-blackrock-closed-end-funds-203000817.html
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