BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.059 per share on Monday, December 2nd. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Friday, November 15th.
BlackRock California Municipal Income Trust has raised its dividend payment by an average of 1.4% per year over the last three years.
BlackRock California Municipal Income Trust Price Performance
Shares of BFZ traded down $0.03 during mid-day trading on Wednesday, hitting $11.66. 133,881 shares of the company’s stock were exchanged, compared to its average volume of 70,801. BlackRock California Municipal Income Trust has a fifty-two week low of $10.70 and a fifty-two week high of $12.31. The business’s 50 day moving average is $11.98 and its two-hundred day moving average is $11.91.
Insider Buying and Selling
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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