BlackRock Innovation and Growth Term Trust (BIGZ) To Go Ex-Dividend on March 14th

BlackRock Innovation and Growth Term Trust (NYSE:BIGZGet 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

(Get Free Report)

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

Dividend History for BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

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.