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BlackRock Science and Technology Trust (BlackRock Science and Technology Trust) Retained Earnings : $417.8 Mil (As of Dec. 2023)


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What is BlackRock Science and Technology Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BlackRock Science and Technology Trust's retained earnings for the quarter that ended in Dec. 2023 was $417.8 Mil.

BlackRock Science and Technology Trust's quarterly retained earnings increased from Dec. 2022 ($171.0 Mil) to Jun. 2023 ($338.7 Mil) and increased from Jun. 2023 ($338.7 Mil) to Dec. 2023 ($417.8 Mil).

BlackRock Science and Technology Trust's annual retained earnings declined from Dec. 2021 ($886.0 Mil) to Dec. 2022 ($171.0 Mil) but then increased from Dec. 2022 ($171.0 Mil) to Dec. 2023 ($417.8 Mil).


BlackRock Science and Technology Trust Retained Earnings Historical Data

The historical data trend for BlackRock Science and Technology Trust's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock Science and Technology Trust Retained Earnings Chart

BlackRock Science and Technology Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 385.34 864.32 885.96 170.95 417.84

BlackRock Science and Technology Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 885.96 283.12 170.95 338.65 417.84

BlackRock Science and Technology Trust Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


BlackRock Science and Technology Trust  (NYSE:BST) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


BlackRock Science and Technology Trust (BlackRock Science and Technology Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Science and Technology Trust is a closed-end management investment company. Its investment objective is to provide income and total return through a combination of current income, current gains, and long-term capital appreciation. It focuses on investing, under a normal market condition in equity securities of science and technology companies.
Executives
Tony Kim other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Caroline Elizabeth Tall other: Portfolio Manager 60 STATE STREET, 19TH/20TH FLOOR, BOSTON MA 02109
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Steven Reid Menge other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

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