BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.059 per share on Tuesday, October 1st. This represents a $0.71 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date of this dividend is Monday, September 16th.
BlackRock California Municipal Income Trust has raised its dividend payment by an average of 1.4% annually over the last three years.
BlackRock California Municipal Income Trust Price Performance
NYSE:BFZ opened at $12.16 on Friday. BlackRock California Municipal Income Trust has a 1-year low of $9.86 and a 1-year high of $12.31. The firm has a fifty day simple moving average of $11.97 and a 200 day simple moving average of $11.85.
BlackRock California Municipal Income Trust Company Profile
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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