BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) announced a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.059 per share on Tuesday, September 3rd. This represents a $0.71 annualized dividend and a dividend yield of 5.92%. The ex-dividend date is Thursday, August 15th.
BlackRock California Municipal Income Trust has increased its dividend by an average of 1.4% per year over the last three years.
BlackRock California Municipal Income Trust Trading Down 0.3 %
Shares of NYSE:BFZ opened at $11.95 on Tuesday. The company’s fifty day moving average is $11.99 and its 200 day moving average is $11.82. BlackRock California Municipal Income Trust has a 52 week low of $9.86 and a 52 week high of $12.31.
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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