Eagle Capital Growth Fund, Inc. Announces Annual Dividend of $0.51 (GRF)
Eagle Capital Growth Fund, Inc. (NYSEMKT:GRF) announced an annual dividend on Tuesday, November 7th, Wall Street Journal reports. Stockholders of record on Friday, November 24th will be given a dividend of 0.51 per share on Thursday, December 28th. This represents a dividend yield of 6.27%. The ex-dividend date of this dividend is Wednesday, November 22nd.
Eagle Capital Growth Fund (GRF) remained flat at $$8.14 on Wednesday. Eagle Capital Growth Fund has a one year low of $6.91 and a one year high of $9.23.
In other news, CEO Luke E. Sims sold 5,000 shares of Eagle Capital Growth Fund stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $7.80, for a total value of $39,000.00. Following the completion of the transaction, the chief executive officer now owns 318,717 shares of the company’s stock, valued at approximately $2,485,992.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO David C. Sims acquired 5,175 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was purchased at an average cost of $7.80 per share, with a total value of $40,365.00. Following the transaction, the chief financial officer now owns 85,564 shares in the company, valued at $667,399.20. The disclosure for this purchase can be found here.
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