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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) announced 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 Performance

Shares of NYSE:BIGZ traded up $0.17 during midday trading on Friday, hitting $7.63. 534,296 shares of the company’s stock traded hands, compared to its average volume of 573,748. BlackRock Innovation and Growth Term Trust has a twelve month low of $6.66 and a twelve month high of $8.25. The firm’s fifty day moving average price is $7.73 and its two-hundred day moving average price is $7.49.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. bought 79,992 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The shares were acquired at an average cost of $7.60 per share, for a total transaction of $607,939.20. Following the acquisition, the insider now owns 55,988,272 shares in the company, valued at $425,510,867.20. This represents a 0.14 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have purchased a total of 2,652,339 shares of company stock worth $20,590,121 over the last quarter.

About BlackRock Innovation and Growth Term Trust

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.