BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.059 per share on Friday, November 1st. This represents a $0.71 annualized dividend and a yield of 5.86%. The ex-dividend date is Tuesday, October 15th.
BlackRock California Municipal Income Trust has raised its dividend by an average of 1.4% per year over the last three years.
BlackRock California Municipal Income Trust Trading Up 0.5 %
Shares of NYSE:BFZ traded up $0.06 during midday trading on Friday, hitting $12.08. The company’s stock had a trading volume of 69,153 shares, compared to its average volume of 69,550. The stock’s 50 day simple moving average is $11.99 and its 200 day simple moving average is $11.88. BlackRock California Municipal Income Trust has a fifty-two week low of $9.86 and a fifty-two week high of $12.31.
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.
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