BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Announces $0.05 -- Dividend

Key Points

• BlackRock Technology and Private Equity Term Trust (NYSE:BTX) has announced a dividend of $0.0525 per share, scheduled to be paid on October 31st to investors of record on October 15th.
• The dividend yield for this payout is an extraordinary 1,450.0%, reflecting significant returns for shareholders.
• As of Friday, the stock price of BTX decreased by 1.4% to $6.94, with a market cap of $408.25 million and a price-to-earnings ratio of -3.06.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX - Get Free Report) declared a -- dividend on Friday, September 12th, Wall Street Journal reports. Stockholders of record on Wednesday, October 15th will be given a dividend of 0.0525 per share on Friday, October 31st. This represents a dividend yield of 1,450.0%. The ex-dividend date of this dividend is Wednesday, October 15th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 0.7%

BTX stock traded up $0.05 during trading on Wednesday, hitting $6.91. The company had a trading volume of 928,643 shares, compared to its average volume of 713,214. The firm's fifty day moving average is $7.13. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a fifty-two week low of $5.10 and a fifty-two week high of $8.31. The stock has a market capitalization of $406.49 million, a P/E ratio of -3.04 and a beta of 4.61.