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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.0863 per share on Friday, November 29th. This represents a $1.04 dividend on an annualized basis and a yield of 13.30%. The ex-dividend date is Friday, November 15th.

BlackRock Innovation and Growth Term Trust Price Performance

Shares of NYSE:BIGZ remained flat at $7.79 during trading on Thursday. The company’s stock had a trading volume of 60,581 shares, compared to its average volume of 695,957. BlackRock Innovation and Growth Term Trust has a 12-month low of $6.66 and a 12-month high of $8.25. The firm’s 50-day moving average is $7.55 and its 200 day moving average is $7.40.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. purchased 5,581 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average cost of $7.53 per share, for a total transaction of $42,024.93. Following the completion of the transaction, the insider now directly owns 55,825,413 shares in the company, valued at approximately $420,365,359.89. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In the last quarter, insiders have purchased 1,491,783 shares of company stock valued at $11,232,515.

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.