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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) declared a monthly dividend on Friday, February 27th. Investors of record on Monday, June 15th will be given a dividend of 0.141 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Enhanced Capital and Income Fund Trading Up 0.6%

Shares of NYSE:CII traded up $0.14 during midday trading on Friday, reaching $24.42. The company had a trading volume of 59,656 shares, compared to its average volume of 89,569. The company has a fifty day simple moving average of $24.11 and a two-hundred day simple moving average of $23.34. BlackRock Enhanced Capital and Income Fund has a 1-year low of $20.27 and a 1-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.