Bancroft Fund Ltd Increases Quarterly Dividend by 22% to $0.50 per Share
Bancroft Fund Ltd (NYSE: BCV) has announced a significant increase in its quarterly dividend, raising the payout from $0.41 to $0.50 per share. This represents a 22% increase compared to the previous distribution level. The dividend is scheduled to be paid on December 30, with the ex-dividend date and record date both set for November 23. Following this adjustment, the fund's forward dividend yield stands at approximately 9.31%.
Tickers: $BCV PRA
Topics: dividend increase quarterly dividend yield analysis
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