Ellsworth Growth and Income Fund Ltd (ECF) to Issue $0.11 Quarterly Dividend
Ellsworth Growth and Income Fund Ltd (NYSEAMERICAN:ECF) declared a quarterly dividend on Friday, January 19th, Wall Street Journal reports. Investors of record on Tuesday, February 13th will be paid a dividend of 0.11 per share by the investment management company on Wednesday, February 21st. This represents a $0.44 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Monday, February 12th.
Shares of Ellsworth Growth and Income Fund (NYSEAMERICAN ECF) traded up $0.05 during mid-day trading on Friday, reaching $9.60. The company had a trading volume of 23,925 shares, compared to its average volume of 22,287. Ellsworth Growth and Income Fund has a 52-week low of $8.39 and a 52-week high of $9.69. The firm has a market capitalization of $123.68, a price-to-earnings ratio of 8.65 and a beta of 0.87.
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Ellsworth Growth and Income Fund Ltd. operates as a closed-end, diversified management investment company. The Fund’s investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests.
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