Div And Incm Fd Announces Quarterly Dividend of $0.15 (DNI)
Div And Incm Fd (NYSE:DNI) announced a quarterly dividend on Thursday, September 7th, Wall Street Journal reports. Shareholders of record on Monday, September 18th will be paid a dividend of 0.15 per share by the real estate investment trust on Friday, September 29th. This represents a $0.60 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend is Friday, September 15th.
Div And Incm Fd has decreased its dividend payment by an average of 15.1% annually over the last three years.
Div And Incm Fd (NYSE:DNI) opened at 12.42 on Friday. Div And Incm Fd has a 12 month low of $10.58 and a 12 month high of $12.75. The stock has a 50 day moving average of $12.47 and a 200 day moving average of $12.27.
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About Div And Incm Fd
Dividend and Income Fund (the Fund) is a non-diversified, closed end management investment company. The Fund’s primary investment objective is to seek high current income and capital appreciation is its secondary objective. It invests at least 50% of its total assets in income generating equity securities.
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