BlackRock California Municipal Income Trust to Issue Monthly Dividend of $0.06 (NYSE:BFZ)

BlackRock California Municipal Income Trust (NYSE:BFZ) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.059 per share on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Friday, November 14th.

BlackRock California Municipal Income Trust Stock Up 0.4%

Shares of NYSE BFZ opened at $11.05 on Tuesday. BlackRock California Municipal Income Trust has a 52 week low of $10.17 and a 52 week high of $11.89. The firm’s fifty day moving average is $10.83 and its 200 day moving average is $10.74.

About BlackRock California Municipal Income Trust

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.