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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) declared a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be given a dividend of 0.141 per share by the real estate investment trust on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Wednesday, July 15th.

BlackRock Enhanced Capital and Income Fund Stock Down 0.1%

CII opened at $25.75 on Monday. The company has a fifty day moving average of $24.96 and a two-hundred day moving average of $23.50. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $20.43 and a fifty-two week 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.