BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII – Get Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.141 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Tuesday, September 15th.
BlackRock Enhanced Capital and Income Fund Stock Up 0.7%
Shares of CII opened at $24.18 on Friday. BlackRock Enhanced Capital and Income Fund has a 1 year low of $20.43 and a 1 year high of $26.17. The stock has a 50 day simple moving average of $24.66 and a two-hundred day simple moving average of $23.94.
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.
Further Reading
- Five stocks we like better than BlackRock Enhanced Capital and Income Fund
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
Receive News & Ratings for BlackRock Enhanced Capital and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Enhanced Capital and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
