BlackRock Innovation and Growth Term Trust (NYSE:BIGZ – Get Free Report) declared a dividend on Tuesday, March 11th, investing.com reports. Investors of record on Monday, March 17th will be given a dividend of 0.0862 per share on Monday, March 31st. This represents a dividend yield of 16.15%. The ex-dividend date is Friday, March 14th.
BlackRock Innovation and Growth Term Trust Price Performance
BlackRock Innovation and Growth Term Trust stock traded up $0.03 during mid-day trading on Wednesday, reaching $6.43. 1,311,471 shares of the company’s stock traded hands, compared to its average volume of 698,651. BlackRock Innovation and Growth Term Trust has a 12-month low of $6.66 and a 12-month high of $8.31. The stock has a 50 day moving average of $7.75 and a two-hundred day moving average of $7.67.
Insider Activity
In related news, major shareholder Saba Capital Management, L.P. bought 355,173 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were purchased at an average price of $7.87 per share, with a total value of $2,795,211.51. Following the transaction, the insider now owns 58,963,110 shares in the company, valued at $464,039,675.70. This trade represents a 0.61 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders have acquired 1,443,111 shares of company stock worth $11,152,533.
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.
See Also
- Five stocks we like better than BlackRock Innovation and Growth Term Trust
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- What Investors Need to Know to Beat the Market
- Why Energy Transfer Belongs on Your Watchlist
- Short Selling: How to Short a Stock
- Why Wayfair Stock May Be a Hidden Gem for Value Investors
Receive News & Ratings for BlackRock Innovation and Growth Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Innovation and Growth Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.