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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) declared a dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0866 per share on Friday, February 28th. The ex-dividend date is Friday, February 14th.

BlackRock Innovation and Growth Term Trust Stock Up 0.6 %

BlackRock Innovation and Growth Term Trust stock traded up $0.05 during mid-day trading on Tuesday, reaching $8.18. 451,790 shares of the company were exchanged, compared to its average volume of 818,727. The firm’s 50-day simple moving average is $7.83 and its two-hundred day simple moving average is $7.58. BlackRock Innovation and Growth Term Trust has a twelve month low of $6.66 and a twelve month high of $8.31.

Insider Buying and Selling at BlackRock Innovation and Growth Term Trust

In other news, major shareholder Saba Capital Management, L.P. purchased 282,123 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was acquired at an average price of $7.72 per share, with a total value of $2,177,989.56. Following the purchase, the insider now directly owns 60,615,765 shares of the company’s stock, valued at $467,953,705.80. This represents a 0.47 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last quarter, insiders acquired 2,309,022 shares of company stock valued at $18,001,077.

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.