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

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

BlackRock Innovation and Growth Term Trust Price Performance

NYSE BIGZ traded up $0.05 on Tuesday, hitting $8.18. 451,790 shares of the company were exchanged, compared to its average volume of 818,727. BlackRock Innovation and Growth Term Trust has a twelve month low of $6.66 and a twelve month high of $8.31. The company’s 50 day moving average price is $7.83 and its 200-day moving average price is $7.58.

Insider Activity at BlackRock Innovation and Growth Term Trust

In other news, major shareholder Saba Capital Management, L.P. acquired 282,123 shares of BlackRock Innovation and Growth Term Trust stock in a transaction that occurred on Monday, January 6th. The stock was purchased at an average price of $7.72 per share, with a total value of $2,177,989.56. Following the completion of the transaction, the insider now owns 60,615,765 shares in the company, valued at approximately $467,953,705.80. This trade represents a 0.47 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders have 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.