BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.059 per share on Friday, November 1st. This represents a $0.71 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date is Tuesday, October 15th.
BlackRock California Municipal Income Trust has raised its dividend payment by an average of 1.4% annually over the last three years.
BlackRock California Municipal Income Trust Trading Up 0.5 %
NYSE BFZ opened at $12.08 on Monday. The business’s 50 day moving average is $11.99 and its two-hundred day moving average is $11.88. BlackRock California Municipal Income Trust has a 12-month low of $9.86 and a 12-month 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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