BlackRock Innovation and Growth Term Trust to Issue 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 of this dividend is Wednesday, January 15th.

BlackRock Innovation and Growth Term Trust Stock Performance

BIGZ opened at $7.63 on Friday. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.66 and a fifty-two week high of $8.25. The firm has a 50-day moving average of $7.73 and a 200 day moving average of $7.49.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. bought 185,716 shares of the stock in a transaction on Wednesday, December 4th. The shares were purchased at an average cost of $8.07 per share, for a total transaction of $1,498,728.12. Following the completion of the purchase, the insider now directly owns 58,448,770 shares in the company, valued at $471,681,573.90. This represents a 0.32 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders purchased 2,652,339 shares of company stock valued at $20,590,121 in the last three months.

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.