Ellsworth Growth and Income Fund Ltd. (ECF) to Issue Quarterly Dividend of $0.22 on September 23rd

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) announced a quarterly dividend on Wednesday, August 12th. Shareholders 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 yield of 7.0%. 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 stock opened at $12.51 on Monday. Ellsworth Growth and Income Fund has a 1-year low of $10.70 and a 1-year high of $13.85. The business has a fifty day moving average price of $12.53 and a 200-day moving average price of $12.40.

Ellsworth Growth and Income Fund Company Profile

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.