Ellsworth Growth and Income Fund Ltd Closed-Ended Fund (NYSEAMERICAN:ECF) Declares Quarterly Dividend of $0.13

Ellsworth Growth and Income Fund Ltd Closed-Ended Fund (NYSEAMERICAN:ECF) announced a quarterly dividend on Thursday, February 13th, Wall Street Journal reports. Shareholders of record on Tuesday, March 17th will be paid a dividend of 0.13 per share by the investment management company on Tuesday, March 24th. This represents a $0.52 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date is Monday, March 16th. This is a boost from Ellsworth Growth and Income Fund Ltd Closed-Ended Fund’s previous quarterly dividend of $0.12.

Ellsworth Growth and Income Fund Ltd Closed-Ended Fund has increased its dividend payment by an average of 56.3% per year over the last three years and has increased its dividend annually for the last 2 consecutive years.

Shares of ECF opened at $12.00 on Friday. Ellsworth Growth and Income Fund Ltd Closed-Ended Fund has a fifty-two week low of $9.31 and a fifty-two week high of $12.25.

About Ellsworth Growth and Income Fund Ltd Closed-Ended Fund

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.

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Dividend History for Ellsworth Growth and Income Fund Ltd Closed-Ended Fund (NYSEAMERICAN:ECF)

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