BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.059 per share on Monday, March 3rd. This represents a $0.71 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Friday, February 14th.
BlackRock California Municipal Income Trust has raised its dividend by an average of 9.8% per year over the last three years.
BlackRock California Municipal Income Trust Price Performance
NYSE:BFZ traded up $0.01 during trading hours on Tuesday, hitting $11.31. 226,513 shares of the company traded hands, compared to its average volume of 82,419. The firm has a 50-day moving average of $11.41 and a 200 day moving average of $11.74. BlackRock California Municipal Income Trust has a twelve month low of $11.10 and a twelve month high of $12.23.
Insider Activity at BlackRock California Municipal Income Trust
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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