Boulder Growth and Income Fund Inc (NYSE:BIF) announced a monthly dividend on Monday, February 12th, Wall Street Journal reports. Shareholders of record on Wednesday, February 21st will be paid a dividend of 0.034 per share by the closed-end fund on Wednesday, February 28th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Tuesday, February 20th.
Boulder Growth and Income Fund has decreased its dividend by an average of 15.9% annually over the last three years.
Shares of Boulder Growth and Income Fund (NYSE BIF) traded up $0.16 during mid-day trading on Monday, hitting $10.95. The company’s stock had a trading volume of 249,628 shares, compared to its average volume of 256,532. Boulder Growth and Income Fund has a 52 week low of $9.17 and a 52 week high of $11.84.
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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