Co-produced by Stanford Chemist
BlackRock Enhanced Capital and Income Fund (CII) is entering the 2020 New Year the right way, with a higher distribution. The distribution was raised from $0.0828 to $0.0875 per share per month. This was a welcomed 5.7% increase and brings the fund's distribution rate to an attractive 6.11%. This new distribution level should prove to be well covered through capital appreciation and unrealized appreciation in the portfolio at this time. Of course, being completely invested in equities, we could see this buffer change, perhaps even rapidly in a