BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Plans $0.10 Monthly Dividend

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0995 per share by the real estate investment trust on Friday, May 31st. This represents a $1.19 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Enhanced Capital and Income Fund has increased its dividend payment by an average of 4.4% per year over the last three years.

BlackRock Enhanced Capital and Income Fund Trading Up 1.5 %

BlackRock Enhanced Capital and Income Fund stock traded up $0.28 during mid-day trading on Friday, reaching $19.07. 40,685 shares of the company traded hands, compared to its average volume of 77,695. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $16.76 and a fifty-two week high of $19.81. The firm’s fifty day moving average is $19.15 and its two-hundred day moving average is $18.76.

BlackRock Enhanced Capital and Income Fund Company Profile

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.