BlackRock Enhanced Capital and Income Fund, Inc. (CII) to Issue Monthly Dividend of $0.14 on May 29th

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) announced a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be paid a dividend of 0.141 per share by the real estate investment trust on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, May 15th.

BlackRock Enhanced Capital and Income Fund Trading Down 0.7%

Shares of NYSE CII opened at $24.91 on Wednesday. The firm’s 50 day simple moving average is $22.62 and its two-hundred day simple moving average is $23.17. BlackRock Enhanced Capital and Income Fund has a one year low of $19.44 and a one year high of $26.17.

About BlackRock Enhanced Capital and Income Fund

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.