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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be given a dividend of 0.141 per share by the real estate investment trust on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Enhanced Capital and Income Fund Trading Down 0.9%

CII opened at $24.02 on Friday. BlackRock Enhanced Capital and Income Fund has a 1-year low of $20.43 and a 1-year high of $26.17. The firm’s 50 day simple moving average is $24.69 and its two-hundred day simple moving average is $23.94.

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.