Blackrock Health Sciences Trust (NYSE:BME) announced a monthly dividend on Friday, November 1st, Zacks reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.20 per share on Friday, November 29th. This represents a $2.40 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Thursday, November 14th.
Blackrock Health Sciences Trust stock traded up $0.40 during trading hours on Wednesday, reaching $40.09. The stock had a trading volume of 429 shares, compared to its average volume of 31,184. Blackrock Health Sciences Trust has a 52 week low of $32.00 and a 52 week high of $42.49. The company has a fifty day simple moving average of $38.33 and a 200-day simple moving average of $38.15.
BME has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “equal weight” rating on shares of Blackrock Health Sciences Trust in a report on Sunday. Peel Hunt reissued a “buy” rating and issued a $450.00 price target on shares of Blackrock Health Sciences Trust in a report on Tuesday. Liberum Capital reissued a “buy” rating and issued a $420.00 price target on shares of Blackrock Health Sciences Trust in a report on Tuesday. Shore Capital began coverage on shares of Blackrock Health Sciences Trust in a research report on Friday, November 8th. They issued a “buy” rating and a $429.00 target price for the company. Finally, UBS Group reaffirmed a “buy” rating on shares of Blackrock Health Sciences Trust in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Blackrock Health Sciences Trust presently has a consensus rating of “Buy” and a consensus price target of $433.00.
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.
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