BOULDER GR&INC Announces Monthly Dividend of $0.03 (BIF)
BOULDER GR&INC (NYSE:BIF) announced a monthly dividend on Monday, November 13th, Wall Street Journal reports. Investors of record on Wednesday, January 24th will be given a dividend of 0.034 per share by the closed-end fund on Wednesday, January 31st. This represents a $0.41 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Tuesday, January 23rd.
BOULDER GR&INC has raised its dividend by an average of 11.1% annually over the last three years.
BOULDER GR&INC (BIF) traded up $0.02 during mid-day trading on Monday, reaching $10.52. 113,000 shares of the company were exchanged, compared to its average volume of 175,503. BOULDER GR&INC has a one year low of $8.42 and a one year high of $10.70.
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Boulder Growth & Income Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is total return comprising both income and capital appreciation. Under normal market conditions, the Fund intends to invest at least 80% of its net assets in common stocks, such as dividend-paying closed-end funds and real estate investment trusts.
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