BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) announced a monthly dividend on Friday, October 1st, Zacks reports. Stockholders of record on Friday, October 15th will be given a dividend of 0.10 per share by the real estate investment trust on Friday, October 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date of this dividend is Thursday, October 14th. This is a positive change from BlackRock Enhanced Capital and Income Fund’s previous monthly dividend of $0.09.
BlackRock Enhanced Capital and Income Fund has increased its dividend by 5.7% over the last three years and has increased its dividend annually for the last 1 consecutive years.
Shares of CII stock opened at $20.51 on Wednesday. The business has a fifty day moving average of $21.11 and a 200 day moving average of $20.66. BlackRock Enhanced Capital and Income Fund has a 1 year low of $14.70 and a 1 year high of $21.75.
BlackRock Enhanced Capital & Income Fund, Inc is a closed-end investment trust. The company’s investment objective is to provide investors with a combination of current income and capital appreciation. It primarily invests in a portfolio of equity and debt securities of US and foreign issuers. The company was founded on April 30, 2004 and is headquartered in Wilmington, DE.
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