ACM Government Opportunity Fund, Inc. dividend declaration.NEW YORK--(BUSINESS WIRE)--January 28, 1997--The Board of Directors of ACM (Association for Computing Machinery, New York, www.acm.org) A membership organization founded in 1947 dedicated to advancing the arts and sciences of information processing. In addition to awards and publications, ACM also maintains special interest groups (SIGs) in the computer field. Government Opportunity Fund, Inc. (NYSE NYSE See: New York Stock Exchange : AOF AOF Academy Of Finance (New York State Department of Education) AOF Afrique Occidentale Française (French) AOF Avon Old Farms (Avon, CT school) ), a closed-end management investment company, are pleased to announce an increase in the monthly dividend from $0.0475 per share to $0.0525 per share. John D. Carifa, Chairman of the Board of Directors of the Fund, stated: "This dividend increase reflects the increased earning power Earning power Earnings before interest and taxes (EBIT) divided by total assets. earning power 1. The earnings that an asset could produce under optimal conditions. For example, AT&T may currently be earning $2. of the Fund based on the present asset allocation of the portfolio." The dividend which was declared today, January 28, 1997, is payable on February 21, 1997 to shareholders of record at the close of business on February 7, 1997. Ex-date will be February 5, 1997. ACM Government Opportunity Fund, Inc. is managed by Alliance Capital Management L.P. CONTACT: Shareholder Contact: 1-800-221-5672 or Media Contact: Duff Ferguson 212-969-1056 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion