BlackRock Science and Technology Term Trust Announces Dividend Increase

Friday, 2 August 2024, 11:10

The BlackRock Science and Technology Term Trust has announced a rise in its monthly dividend by 0.4%, bringing it to $0.214 per share. This adjustment reflects the trust's continued commitment to delivering returns to its investors amidst fluctuating market conditions. The increase is a positive indicator of the fund's performance and its strategic focus on the technology sector.
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BlackRock Science and Technology Term Trust Announces Dividend Increase

BlackRock Science and Technology Term Trust Dividend Increase

The BlackRock Science and Technology Term Trust has announced an increase in its monthly dividend to $0.214 per share, marking a 0.4% rise. This decision highlights the fund's ongoing commitment to returning value to its shareholders.

Key Details of the Announcement

  • Monthly dividend raised by 0.4%
  • New dividend amount is $0.214 per share
  • Impact of the increase on investor sentiment

This increase serves as a positive sign of the trust's performance and emphasizes its focus in the technology sector amidst challenging market dynamics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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