Boulder Growth and Income Fund Inc (BIF) to Issue Monthly Dividend of $0.03

Boulder Growth and Income Fund Inc (NYSE:BIF) declared a monthly dividend on Monday, February 12th, Wall Street Journal reports. Investors of record on Monday, April 23rd will be given a dividend of 0.034 per share by the closed-end fund on Monday, April 30th. This represents a $0.41 annualized dividend and a yield of 3.73%. The ex-dividend date is Friday, April 20th.

Boulder Growth and Income Fund has decreased its dividend payment by an average of 15.9% per year over the last three years.

Boulder Growth and Income Fund (BIF) traded up $0.16 during trading hours on Monday, reaching $10.95. The company 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.

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About Boulder Growth and Income Fund

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.

Dividend History for Boulder Growth and Income Fund (NYSE:BIF)

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