Bexil Corporation Declares Quarterly Dividend.Business Editors NEW YORK--(BUSINESS WIRE)--March 5, 2001 A quarterly dividend distribution of $.25 per share for the quarter ending March 30, 2001 was declared de·clare v. de·clared, de·clar·ing, de·clares v.tr. 1. To make known formally or officially. See Synonyms at announce. 2. To state emphatically or authoritatively; affirm. 3. today by Bexil Corporation (AMEX AMEX See: American Stock Exchange : BXL BXL Bruxelles (French: Brussels, Belgium) ), payable March 30, 2001 to shareholders of record March 16, 2001. The $.25 per share quarterly dividend distribution reflects the Fund's managed 8% distribution policy. The policy is intended to provide shareholders with a relatively stable cash flow and reduce or eliminate any market price discount to the Fund's net asset value per share. Quarterly distributions of approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 8% of the Fund's net asset value per share on an annual basis will be paid primarily from ordinary income and any net capital gains, with the balance representing return of capital. The amount of the distribution may vary depending on the net asset value per share at the time of declaration. Particulars of the current declaration are as follows: AMOUNT -- $ .25 per share PERIOD -- Quarterly DECLARED - 3/5/01 RECORD - 3/16/01 PAYABLE - 3/30/01 AMEX TICKER SYMBOL Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : BXL |
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