Boulder Growth & Income Fund announces distribution of USD0.102 per share for quarter.
Global Banking News-May 15, 2019-Boulder Growth & Income Fund announces distribution of USD0.102 per share for quarter
(C)2019 ENPublishing - http://www.enpublishing.co.uk
Boulder Growth & Income Fund Inc (NYSE:BIF) announced on Wednesday that its quarterly cash distribution will be USD0.102 per share in July 2019.
This distribution equals an annual rate of about USD0.408 per share and as of market close on 9 May 2019, is about 3.73% of market price and 3.11% of net asset value (NAV) on an annual basis.
With an ex-dividend date of 22 July 2019, all shareholders of record date on 23 July 2019 will be paid the distribution on 31 July 2019.
A non-diversified, closed-end management company, the fund's investment objective is total return and it also seeks to produce both long-term capital appreciation and current income through investment in common stocks and income producing securities.
The fund's co-investment advisers are Boulder Investment Advisers LLC and Stewart Investment Advisers.
((Distributed via M2 Communications - http://www.m2.com))