Bancroft Fund Ltd. (NYSE:BCV) announced a quarterly dividend on Friday, November 13th, Zacks reports. Stockholders of record on Wednesday, November 25th will be given a dividend of 2.25 per share on Tuesday, December 29th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 31.23%. The ex-dividend date of this dividend is Tuesday, November 24th. This is an increase from Bancroft Fund’s previous quarterly dividend of $0.25.
Shares of NYSE:BCV opened at $28.82 on Friday. The business’s 50 day moving average is $26.05. Bancroft Fund has a 1 year low of $14.27 and a 1 year high of $29.13.
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