BlackRock California Municipal Income Trust (BFZ) To Go Ex-Dividend on February 6th

BlackRock California Municipal Income Trust (NYSE:BFZ) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 6th will be paid a dividend of 0.0507 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock California Municipal Income Trust Trading Down 0.4%

Shares of BFZ stock traded down $0.04 during trading hours on Wednesday, hitting $11.19. 197,102 shares of the company’s stock were exchanged, compared to its average volume of 152,347. BlackRock California Municipal Income Trust has a 12-month low of $10.17 and a 12-month high of $11.47. The business’s 50 day simple moving average is $10.91 and its 200-day simple moving average is $10.80.

BlackRock California Municipal Income Trust Company Profile

BlackRock California Municipal Income Trust (NYSE: BFZ) is a diversified, closed-end management investment company that seeks to provide high current income exempt from federal and California state income taxes. Launched and managed by BlackRock Advisors, LLC, the fund primarily invests in a portfolio of investment-grade municipal obligations issued by California state and local governments. Its holdings include general obligation bonds, revenue bonds and other limited-obligation securities that finance infrastructure and public services across the state.

The fund’s investment objective emphasizes tax-exempt income through active portfolio management.