BlackRock Science and Technology Trust II (BlackRock Science and Technology Trust II) Retained Earnings : $425.3 Mil (As of Dec. 2023)

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What is BlackRock Science and Technology Trust II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BlackRock Science and Technology Trust II's retained earnings for the quarter that ended in Dec. 2023 was $425.3 Mil.

BlackRock Science and Technology Trust II's quarterly retained earnings increased from Dec. 2022 ($152.3 Mil) to Jun. 2023 ($301.6 Mil) and increased from Jun. 2023 ($301.6 Mil) to Dec. 2023 ($425.3 Mil).

BlackRock Science and Technology Trust II's annual retained earnings declined from Dec. 2021 ($1,534.1 Mil) to Dec. 2022 ($152.3 Mil) but then increased from Dec. 2022 ($152.3 Mil) to Dec. 2023 ($425.3 Mil).

BlackRock Science and Technology Trust II Retained Earnings Historical Data

The historical data trend for BlackRock Science and Technology Trust II'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 II Retained Earnings Chart

BlackRock Science and Technology Trust II Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

117.28

1,516.90

1,534.08

152.30

425.31

BlackRock Science and Technology Trust II Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial					1,534.08	288.01	152.30	301.61	425.31

BlackRock Science and Technology Trust II 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 II (NYSE:BSTZ) 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 II (BlackRock Science and Technology Trust II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Science and Technology Trust II (NYSE:BSTZ) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

BlackRock Science and Technology Trust II is a non-diversified, closed-end management investment company. The trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation. Its portfolio consists of Equity Securities, Options, Preferred Securities, Convertible Securities, Depositary Receipts, Non-U.S. Securities, Emerging Markets Investments, Restricted and Illiquid Investments, Private Company Investments, Corporate Bonds, and other investments.

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
Kyle Mcclements	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
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
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Steven Reid Menge	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Richard Cavanagh	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Financial Management Inc/de	other: Affil. of Investment Adviser	100 BELLEVUE PARKWAY, WILMINGTON DE 19809