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Bancroft Fund (NYSE:BCV) announced a quarterly dividend on Tuesday, May 20th, AmericanBankingNews.com reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.12 per share on Friday, June 27th. This represents a $0.48 annualized dividend and a dividend yield of 2.43%.

Bancroft Fund (NYSE:BCV) traded down 0.30% on Tuesday, hitting $19.64. 6,035 shares of the company’s stock traded hands. Bancroft Fund has a 1-year low of $16.61 and a 1-year high of $20.31. The stock has a 50-day moving average of $19.66 and a 200-day moving average of $19.12.

Bancroft Fund Ltd. (NYSE:BCV) is a diversified, closed-end management investment company.

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