BlackRock Enhanced Capital and Income Fund, Inc. (CII) To Go Ex-Dividend on October 15th

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.141 per share by the real estate investment trust on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Thursday, October 15th.

BlackRock Enhanced Capital and Income Fund Trading Up 0.7%

Shares of NYSE:CII opened at $24.18 on Friday. BlackRock Enhanced Capital and Income Fund has a 52-week low of $20.43 and a 52-week high of $26.17. The company has a fifty day moving average of $24.66 and a 200-day moving average of $23.94.

BlackRock Enhanced Capital and Income Fund Company Profile

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.