BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Declares $0.14 Monthly Dividend

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be given a dividend of 0.141 per share by the real estate investment trust on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock Enhanced Capital and Income Fund Trading Down 0.9%

Shares of NYSE CII opened at $24.02 on Friday. The business’s fifty day simple moving average is $24.69 and its 200-day simple moving average is $23.94. BlackRock Enhanced Capital and Income Fund has a 12-month low of $20.43 and a 12-month high of $26.17.

BlackRock Enhanced Capital and Income Fund Company Profile

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.