Boulder Growth and Income Fund Inc (BIF) to Issue Monthly Dividend of $0.03 on December 29th
Boulder Growth and Income Fund Inc (NYSE:BIF) announced a monthly dividend on Monday, November 13th, Wall Street Journal reports. Investors of record on Thursday, December 21st will be paid a dividend of 0.034 per share by the closed-end fund on Friday, December 29th. This represents a $0.41 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date is Wednesday, December 20th.
Boulder Growth and Income Fund has raised its dividend payment by an average of 11.1% annually over the last three years.
Shares of Boulder Growth and Income Fund (BIF) opened at $10.82 on Friday. Boulder Growth and Income Fund has a 1-year low of $8.85 and a 1-year high of $10.90.
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About Boulder Growth and Income Fund
Boulder Growth & Income Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is total return comprising both income and capital appreciation. Under normal market conditions, the Fund intends to invest at least 80% of its net assets in common stocks, such as dividend-paying closed-end funds and real estate investment trusts.
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