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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) announced a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.141 per share by the real estate investment trust on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock Enhanced Capital and Income Fund Price Performance

Shares of NYSE:CII opened at $25.75 on Monday. BlackRock Enhanced Capital and Income Fund has a one year low of $20.43 and a one year high of $26.17. The company’s fifty day moving average price is $24.96 and its 200-day moving average price is $23.50.

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.