Boulder Growth & Income Fund Inc (NYSE:BIF) announced a quarterly dividend on Tuesday, February 19th, Wall Street Journal reports. Investors of record on Tuesday, April 23rd will be given a dividend of 0.102 per share by the closed-end fund on Tuesday, April 30th. This represents a $0.41 annualized dividend and a dividend yield of 3.67%. The ex-dividend date is Monday, April 22nd.
Boulder Growth & Income Fund has increased its dividend payment by an average of 29.8% annually over the last three years.
Shares of Boulder Growth & Income Fund stock opened at $11.12 on Wednesday. Boulder Growth & Income Fund has a 12 month low of $9.45 and a 12 month high of $11.36.
In other news, major shareholder Lola Brown Trust 1B purchased 2,319,048 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was bought at an average cost of $10.96 per share, with a total value of $25,416,766.08. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by corporate insiders.
ILLEGAL ACTIVITY WARNING: “Boulder Growth & Income Fund Inc (BIF) Announces Quarterly Dividend of $0.10” was first posted by Macon Daily and is the sole property of of Macon Daily. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://macondaily.com/2019/04/17/boulder-growth-income-fund-inc-bif-announces-quarterly-dividend-of-0-10.html.
About Boulder Growth & Income Fund
Boulder Growth & Income Fund, Inc is a closed-ended balanced mutual fund launched and managed by Boulder Investment Advisers, LLC It is co-managed by Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.
See Also: What are gap-up stocks?
Receive News & Ratings for Boulder Growth & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boulder Growth & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.