Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) announced a quarterly dividend on Wednesday, August 12th. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.22 per share by the investment management company on Wednesday, September 23rd. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Wednesday, September 16th. This is a 15.8% increase from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.19.
Ellsworth Growth and Income Fund Stock Performance
ECF opened at $13.00 on Friday. Ellsworth Growth and Income Fund has a 1 year low of $10.60 and a 1 year high of $13.85. The stock’s 50 day simple moving average is $12.76 and its 200-day simple moving average is $12.36.
About Ellsworth Growth and Income Fund
Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.
ECF’s investment strategy emphasizes a disciplined, research-driven approach.
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