BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII – Get Free Report) declared a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be paid a dividend of 0.141 per share by the real estate investment trust on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Friday, November 13th.
BlackRock Enhanced Capital and Income Fund Price Performance
CII stock opened at $24.02 on Friday. The company’s 50 day moving average is $24.69 and its two-hundred day moving average is $23.94. BlackRock Enhanced Capital and Income Fund has a twelve month low of $20.43 and a twelve month high of $26.17.
About BlackRock Enhanced Capital and Income Fund
BlackRock Enhanced Capital and Income Fund (NYSE: CII) is a diversified, closed-end management investment company organized in 1993 that seeks to provide shareholders with high current income and capital appreciation. The fund pursues its objectives by investing primarily in a portfolio of U.S. dollar-denominated senior secured floating-rate loans (commonly referred to as bank loans), high-yield corporate debt, collateralized loan obligations (CLOs) and other credit instruments. In order to enhance returns, the fund may employ leverage through borrowings and derivative exposures.
The fund’s portfolio construction emphasizes credit quality, yield generation and risk management.
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