BlackRock Innovation and Growth Term Trust (BIGZ) To Go Ex-Dividend on November 15th

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 paid a dividend of 0.0863 per share on Friday, November 29th. This represents a $1.04 annualized dividend and a dividend yield of 13.25%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Innovation and Growth Term Trust Stock Up 0.9 %

Shares of BlackRock Innovation and Growth Term Trust stock traded up $0.07 during trading on Wednesday, hitting $7.82. 512,922 shares of the stock traded hands, compared to its average volume of 698,484. BlackRock Innovation and Growth Term Trust has a twelve month low of $6.66 and a twelve month high of $8.25. The company has a fifty day moving average price of $7.54 and a two-hundred day moving average price of $7.39.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. acquired 83,524 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average cost of $7.27 per share, with a total value of $607,219.48. Following the purchase, the insider now owns 54,558,121 shares of the company’s stock, valued at approximately $396,637,539.67. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 1,491,783 shares of company stock worth $11,232,515 in the last three months.

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.