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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) announced a dividend on Tuesday, March 11th, investing.com reports. Investors of record on Monday, March 17th will be paid a dividend of 0.0862 per share on Monday, March 31st. This represents a yield of 16.15%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Innovation and Growth Term Trust Stock Up 0.7 %

BIGZ stock opened at $6.72 on Tuesday. The stock has a 50-day simple moving average of $7.78 and a two-hundred day simple moving average of $7.67. BlackRock Innovation and Growth Term Trust has a twelve month low of $6.66 and a twelve month high of $8.31.

Insider Activity

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. acquired 350,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of $7.91 per share, with a total value of $2,768,500.00. Following the completion of the purchase, the insider now owns 59,546,236 shares of the company’s stock, valued at approximately $471,010,726.76. This represents a 0.59 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last ninety days, insiders bought 1,443,111 shares of company stock worth $11,152,533.

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.