Boulder Growth & Income Fund Inc (NYSE:BIF) announced a monthly dividend on Monday, February 12th, Wall Street Journal reports. Investors of record on Thursday, March 22nd will be given a dividend of 0.034 per share by the closed-end fund on Thursday, March 29th. This represents a $0.41 annualized dividend and a yield of 3.80%. The ex-dividend date is Wednesday, March 21st.
Boulder Growth & Income Fund has decreased its dividend by an average of 15.9% per year over the last three years.
NYSE BIF traded down $0.20 during trading hours on Friday, hitting $10.73. 195,160 shares of the company’s stock were exchanged, compared to its average volume of 150,199. Boulder Growth & Income Fund has a 1-year low of $9.25 and a 1-year high of $11.84.
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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.
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