Dividend Andome Fund Insider Mortgage Corp Castle Sells 20,932 Shares (DNI)
Dividend Andome Fund (NYSE:DNI) Insider Mortgage Corp Castle sold 20,932 shares of the company’s stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $16.37, for a total value of $342,656.84. Following the completion of the sale, the insider now directly owns 118,783 shares in the company, valued at approximately $1,944,478. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Dividend Andome Fund (NYSE:DNI) traded up 0.55% during mid-day trading on Friday, hitting $16.52. 57,977 shares of the company’s stock traded hands. Dividend Andome Fund has a 52 week low of $13.89 and a 52 week high of $16.88. The stock has a 50-day moving average of $15.79 and a 200-day moving average of $15.27.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.408 per share. This represents a $1.63 dividend on an annualized basis and a yield of 9.88%. The ex-dividend date of this dividend is Thursday, June 12th.
Dividend and Income Fund (NYSE:DNI) is a closed end management investment company.
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