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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 13.30%. The ex-dividend date is Friday, November 15th.

BlackRock Innovation and Growth Term Trust Price Performance

Shares of BIGZ remained flat at $7.79 during trading hours on Thursday. 60,581 shares of the company were exchanged, compared to its average volume of 695,957. BlackRock Innovation and Growth Term Trust has a one year low of $6.66 and a one year high of $8.25. The stock has a 50 day moving average price of $7.55 and a two-hundred day moving average price of $7.40.

Insiders Place Their Bets

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. purchased 22,616 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was bought at an average cost of $7.83 per share, with a total value of $177,083.28. Following the completion of the transaction, the insider now owns 57,417,734 shares of the company’s stock, valued at $449,580,857.22. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have bought a total of 1,491,783 shares of company stock valued at $11,232,515 in the last 90 days.

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.