BlackRock Health Sciences Trust (NYSE:BME) Announces $0.21 Monthly Dividend

BlackRock Health Sciences Trust (NYSE:BMEGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Monday, April 15th will be given a dividend of 0.213 per share on Tuesday, April 30th. This represents a $2.56 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date is Friday, April 12th.

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 Trading Up 0.1 %

NYSE BME traded up $0.03 on Wednesday, hitting $40.16. The company’s stock had a trading volume of 6,827 shares, compared to its average volume of 33,054. BlackRock Health Sciences Trust has a 1-year low of $35.53 and a 1-year high of $43.20. The company’s 50-day moving average is $41.81 and its 200 day moving average is $39.98.

Institutional Investors Weigh In On BlackRock Health Sciences Trust

Several large investors have recently modified their holdings of BME. JPMorgan Chase & Co. acquired a new stake in shares of BlackRock Health Sciences Trust during the first quarter worth $115,000. PNC Financial Services Group Inc. increased its position in shares of BlackRock Health Sciences Trust by 360.4% during the first quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the company’s stock worth $166,000 after buying an additional 2,840 shares during the period. Comerica Bank acquired a new stake in shares of BlackRock Health Sciences Trust during the third quarter worth $213,000. Guggenheim Capital LLC boosted its stake in BlackRock Health Sciences Trust by 7.8% during the third quarter. Guggenheim Capital LLC now owns 5,664 shares of the company’s stock worth $220,000 after acquiring an additional 408 shares in the last quarter. Finally, Pathstone Family Office LLC bought a new position in BlackRock Health Sciences Trust during the fourth quarter worth $252,000.

About BlackRock Health Sciences Trust

(Get Free Report)

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.

See Also

Dividend History for BlackRock Health Sciences Trust (NYSE:BME)

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