Bancroft Fund Ltd. (NYSEAMERICAN:BCV) announced a quarterly dividend on Monday, February 26th, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be given a dividend of 0.25 per share by the financial services provider on Thursday, March 22nd. This represents a $1.00 annualized dividend and a yield of 4.53%. The ex-dividend date of this dividend is Wednesday, March 14th.
Bancroft Fund (BCV) opened at $22.08 on Friday. Bancroft Fund has a 52-week low of $19.66 and a 52-week high of $24.19. The stock has a market capitalization of $118.64, a P/E ratio of 6.27 and a beta of 0.71.
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Bancroft Fund Company Profile
Bancroft Fund Ltd. (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests.
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