Central Securities Corporation (NYSEAMERICAN:CET – Get Free Report) declared a dividend on Wednesday, November 4th. Shareholders of record on Monday, November 16th will be given a dividend of $3.00 per share on Friday, December 18th. This represents a yield of 1,058.0%. The ex-dividend date is Monday, November 16th.
Central Securities Trading Up 1.1%
Shares of Central Securities stock opened at $56.70 on Thursday. Central Securities has a twelve month low of $47.82 and a twelve month high of $57.39. The company has a 50-day simple moving average of $55.71 and a two-hundred day simple moving average of $53.25.
About Central Securities
Central Securities Corporation (NYSE American: CET) is a diversified closed-end investment company. Rather than operating businesses or selling products directly, the company invests capital in a portfolio of securities with the objective of achieving long-term capital appreciation, while also seeking current income as a secondary objective.
The company’s portfolio may include publicly traded common stocks, convertible securities, fixed-income investments and investments in privately held companies.
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