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

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) announced a dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.0885 per share on Wednesday, July 31st. The ex-dividend date is Monday, July 15th.

BlackRock Innovation and Growth Term Trust Stock Up 0.1 %

Shares of BlackRock Innovation and Growth Term Trust stock traded up $0.01 on Tuesday, reaching $7.32. The company’s stock had a trading volume of 911,811 shares, compared to its average volume of 714,785. BlackRock Innovation and Growth Term Trust has a 52-week low of $6.21 and a 52-week high of $8.35. The stock has a 50-day moving average price of $7.33 and a 200-day moving average price of $7.56.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. purchased 252,855 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was purchased at an average cost of $7.25 per share, for a total transaction of $1,833,198.75. Following the completion of the transaction, the insider now owns 52,356,149 shares of the company’s stock, valued at $379,582,080.25. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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.