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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.141 per share by the real estate investment trust on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Enhanced Capital and Income Fund Trading Down 0.4%

Shares of NYSE:CII opened at $23.54 on Friday. The business’s fifty day moving average price is $23.73 and its two-hundred day moving average price is $22.91. BlackRock Enhanced Capital and Income Fund has a one year low of $15.20 and a one year 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.