NEW IRELAND FD (IRL) to Issue Quarterly Dividend of $0.31 on September 29th
NEW IRELAND FD (NYSE:IRL) announced a quarterly dividend on Wednesday, September 13th, Wall Street Journal reports. Stockholders of record on Friday, September 22nd will be given a dividend of 0.3099 per share by the financial services provider on Friday, September 29th. This represents a $1.24 annualized dividend and a dividend yield of 8.84%. The ex-dividend date is Thursday, September 21st. This is an increase from NEW IRELAND FD’s previous quarterly dividend of $0.26.
NEW IRELAND FD has raised its dividend by an average of 213.4% per year over the last three years.
Shares of NEW IRELAND FD (NYSE:IRL) opened at 14.02 on Friday. The stock has a 50 day moving average of $13.80 and a 200 day moving average of $13.59. NEW IRELAND FD has a 12-month low of $11.30 and a 12-month high of $14.33.
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NEW IRELAND FD Company Profile
The New Ireland Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. Under normal circumstances, the Fund invests approximately 80% of its total assets in Irish equity and fixed income securities.
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