BlackRock Innovation and Growth Term Trust Declares Dividend of $0.09 (NYSE:BIGZ)

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0868 per share on Friday, January 31st. The ex-dividend date is Wednesday, January 15th.

BlackRock Innovation and Growth Term Trust Stock Up 2.3 %

NYSE BIGZ traded up $0.17 during mid-day trading on Friday, reaching $7.63. 534,296 shares of the stock were exchanged, compared to its average volume of 573,748. BlackRock Innovation and Growth Term Trust has a 1-year low of $6.66 and a 1-year high of $8.25. The business’s fifty day simple moving average is $7.73 and its 200 day simple moving average is $7.49.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. purchased 23,490 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The stock was purchased at an average price of $7.53 per share, with a total value of $176,879.70. Following the completion of the transaction, the insider now owns 55,878,798 shares of the company’s stock, valued at approximately $420,767,348.94. This trade represents a 0.04 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have acquired a total of 2,652,339 shares of company stock valued at $20,590,121 in the last quarter.

BlackRock Innovation and Growth Term Trust Company Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.