BlackRock Enhanced Capital and Income Fund, Inc. (CII) to Issue Monthly Dividend of $0.14 on October 31st

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) declared a monthly dividend on Wednesday, October 1st. Shareholders of record on Wednesday, October 15th will be given a dividend of 0.141 per share by the real estate investment trust on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Wednesday, October 15th.

BlackRock Enhanced Capital and Income Fund Price Performance

BlackRock Enhanced Capital and Income Fund stock opened at $23.58 on Monday. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $15.20 and a fifty-two week high of $24.24. The firm has a fifty day moving average price of $22.55 and a two-hundred day moving average price of $20.75.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. raised its position in shares of BlackRock Enhanced Capital and Income Fund by 15.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,670 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 756 shares during the last quarter. DAVENPORT & Co LLC raised its position in shares of BlackRock Enhanced Capital and Income Fund by 6.3% during the first quarter. DAVENPORT & Co LLC now owns 20,330 shares of the real estate investment trust’s stock valued at $375,000 after buying an additional 1,200 shares during the last quarter. Private Advisor Group LLC raised its position in shares of BlackRock Enhanced Capital and Income Fund by 7.0% during the first quarter. Private Advisor Group LLC now owns 53,408 shares of the real estate investment trust’s stock valued at $986,000 after buying an additional 3,509 shares during the last quarter. Cetera Investment Advisers raised its position in shares of BlackRock Enhanced Capital and Income Fund by 5.7% during the first quarter. Cetera Investment Advisers now owns 76,169 shares of the real estate investment trust’s stock valued at $1,407,000 after buying an additional 4,111 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of BlackRock Enhanced Capital and Income Fund by 3.9% during the first quarter. Janney Montgomery Scott LLC now owns 42,920 shares of the real estate investment trust’s stock valued at $793,000 after buying an additional 1,594 shares during the last quarter.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.