BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.059 per share on Tuesday, September 3rd. This represents a $0.71 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date is Thursday, August 15th.
BlackRock California Municipal Income Trust has increased its dividend by an average of 1.4% per year over the last three years.
BlackRock California Municipal Income Trust Stock Performance
NYSE BFZ opened at $11.95 on Tuesday. BlackRock California Municipal Income Trust has a fifty-two week low of $9.86 and a fifty-two week high of $12.31. The business has a 50 day moving average price of $11.99 and a two-hundred day moving average price of $11.82.
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.
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