Bancroft Fund Limited (NYSEAMERICAN:BCV) Announces $0.35 Quarterly Dividend

Bancroft Fund Limited (NYSEAMERICAN:BCV) declared a quarterly dividend on Wednesday, May 13th. Stockholders of record on Monday, June 15th will be given a dividend of 0.35 per share by the financial services provider on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Monday, June 15th.

Bancroft Fund Stock Performance

Shares of BCV stock traded up $0.46 on Wednesday, reaching $25.44. The stock had a trading volume of 19,646 shares, compared to its average volume of 15,226. Bancroft Fund has a 1 year low of $17.67 and a 1 year high of $25.44. The company has a 50 day simple moving average of $22.99 and a 200 day simple moving average of $22.90.

Bancroft Fund Company Profile

Bancroft Fund, Inc (NYSE American: BCV) is a closed-end management investment company that seeks long-term growth of capital. Shares of the Fund trade on the NYSE American exchange, providing investors with access to a diversified portfolio of U.S. equity securities under a closed-end structure. The Fund’s board of directors oversees a disciplined investment process governed by a stated strategy and risk parameters.

The Fund’s primary investment objective is capital appreciation. To pursue this goal, Bancroft Fund allocates at least 80% of its total assets to equity securities of U.S.