Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) Announces Quarterly Dividend of $0.19

Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) declared a quarterly dividend on Wednesday, February 11th. Investors of record on Tuesday, March 17th will be paid a dividend of 0.19 per share on Tuesday, March 24th. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, March 17th.

Ellsworth Growth and Income Fund Price Performance

Shares of NYSE ECF opened at $12.25 on Thursday. The business has a 50-day simple moving average of $12.04 and a two-hundred day simple moving average of $11.70. Ellsworth Growth and Income Fund has a fifty-two week low of $8.15 and a fifty-two week high of $12.65.

Ellsworth Growth and Income Fund Company Profile

Ellsworth Growth and Income Fund, Inc (NYSE: ECF) is a closed-end management investment company whose primary objective is to provide shareholders with total return through a combination of capital appreciation and current income. The Fund pursues this objective by investing principally in common stocks of U.S. companies that the investment adviser believes are undervalued relative to their growth prospects and exhibited attractive dividend yields. To complement its equity holdings, the Fund may also allocate assets to convertible securities, preferred stocks and high-quality fixed-income instruments.

The Fund employs a bottom-up, stock-picking approach, seeking issuers across a broad range of sectors that offer favorable risk-reward dynamics.