Alliance World Dollar Government Fund, Inc. Dividend Declaration.NEW YORK--(BUSINESS WIRE)--June 22, 1999-- Alliance World Dollar Government Fund, Inc. (NYSE NYSE See: New York Stock Exchange : AWG (American Wiring Gauge) A U.S. measurement standard of the diameter of non-ferrous wire, which includes copper and aluminum. In general, the thicker the wire, the greater the current-carrying capacity and the longer the distance it can span. ), a closed-end management investment company, declared on this date, June 22, 1999, a monthly income dividend of $0.1100 per share of Common Stock, payable on July 16, 1999 to stockholders of record at the close of business on July 2, 1999. Ex-date will be June 30, 1999. The $0.1100 per share dividend rate represents a reduction from the Fund's previous $0.1275 monthly dividend rate. John D. Carifa, Chairman of the Fund, commented that "the dividend reduction is intended to align align (  līn),v to move the teeth into their proper positions to conform to the line of occlusion. the Fund's monthly dividend with its current and projected 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. . In the current environment, the Fund's new dividend rate continues to offer a highly competitive and attractive income stream." Alliance World Dollar Government Fund, Inc. is managed by Alliance Capital Management L.P. |
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