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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII – Get Rating) announced a monthly dividend on Wednesday, May 4th, Wall Street Journal reports. Shareholders of record on Monday, May 16th will be paid a dividend of 0.0995 per share by the real estate investment trust on Tuesday, May 31st. This represents a $1.19 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date is Friday, May 13th.

BlackRock Enhanced Capital and Income Fund has increased its dividend by an average of 3.5% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Shares of NYSE:CII opened at $20.00 on Thursday. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $18.35 and a fifty-two week high of $22.30. The business has a 50-day moving average of $20.23 and a two-hundred day moving average of $20.78.

Several large investors have recently made changes to their positions in the business. Wells Fargo & Company MN increased its stake in shares of BlackRock Enhanced Capital and Income Fund by 6.5% in the fourth quarter. Wells Fargo & Company MN now owns 577,722 shares of the real estate investment trust’s stock worth $12,779,000 after purchasing an additional 35,219 shares during the period. LPL Financial LLC increased its stake in shares of BlackRock Enhanced Capital and Income Fund by 13.1% in the fourth quarter. LPL Financial LLC now owns 50,559 shares of the real estate investment trust’s stock worth $1,118,000 after purchasing an additional 5,848 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of BlackRock Enhanced Capital and Income Fund by 8.7% in the first quarter. Envestnet Asset Management Inc. now owns 18,059 shares of the real estate investment trust’s stock worth $377,000 after purchasing an additional 1,443 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of BlackRock Enhanced Capital and Income Fund in the fourth quarter worth about $259,000.

BlackRock Enhanced Capital and Income Fund Company Profile (Get Rating)

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.

Featured Articles