Liberty All-Star Growth Fund, Inc. Announces Quarterly Dividend of $0.15 (NYSE:ASG)

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) announced a quarterly dividend on Tuesday, January 11th, Wall Street Journal reports. Stockholders of record on Friday, January 21st will be paid a dividend of 0.15 per share by the investment management company on Monday, March 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend is Thursday, January 20th.

Liberty All-Star Growth Fund has raised its dividend by 121.7% over the last three years and has increased its dividend every year for the last 2 years.

Shares of Liberty All-Star Growth Fund stock opened at $8.22 on Thursday. Liberty All-Star Growth Fund has a 12-month low of $8.12 and a 12-month high of $10.20. The stock’s fifty day moving average is $9.05 and its 200-day moving average is $8.87.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its stake in Liberty All-Star Growth Fund by 4.4% in the third quarter. Royal Bank of Canada now owns 115,547 shares of the investment management company’s stock valued at $997,000 after purchasing an additional 4,852 shares in the last quarter. Invesco Ltd. grew its stake in Liberty All-Star Growth Fund by 26.9% in the third quarter. Invesco Ltd. now owns 107,602 shares of the investment management company’s stock valued at $929,000 after purchasing an additional 22,814 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Liberty All-Star Growth Fund by 9.7% in the second quarter. Bank of America Corp DE now owns 28,617 shares of the investment management company’s stock valued at $254,000 after purchasing an additional 2,541 shares in the last quarter. Hedge funds and other institutional investors own 21.30% of the company’s stock.

About Liberty All-Star Growth Fund

Liberty All-Star Growth Fund, Inc operates as a closed-end investment fund/investment trust. Its investment objective is to seek long-term capital appreciation through investment primarily in a diversified portfolio of equity securities. The company was founded on March 14, 1986 and is headquartered in Denver, CO.

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Dividend History for Liberty All-Star Growth Fund (NYSE:ASG)

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