BlackRock California Municipal Income Trust (BFZ) to Issue Monthly Dividend of $0.06 on December 1st

BlackRock California Municipal Income Trust (NYSE:BFZ) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.059 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Friday, November 14th.

BlackRock California Municipal Income Trust Trading Up 0.4%

Shares of NYSE:BFZ opened at $11.00 on Wednesday. The business’s fifty day moving average price is $10.90 and its two-hundred day moving average price is $10.76. BlackRock California Municipal Income Trust has a fifty-two week low of $10.17 and a fifty-two week high of $11.89.

About BlackRock California Municipal Income Trust

BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal and California income taxes.