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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 Trading Up 2.3 %

Shares of BlackRock Innovation and Growth Term Trust stock traded up $0.17 during trading hours 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 12-month low of $6.66 and a 12-month high of $8.25. The company has a fifty day simple moving average of $7.73 and a 200-day simple moving average of $7.49.

Insider Activity at BlackRock Innovation and Growth Term Trust

In related news, major shareholder Saba Capital Management, L.P. purchased 279,479 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of $7.45 per share, with a total value of $2,082,118.55. Following the acquisition, the insider now owns 60,047,827 shares of the company’s stock, valued at $447,356,311.15. This trade represents a 0.47 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders purchased 2,652,339 shares of company stock worth $20,590,121.

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.