Central Securities Co. (NYSE:CET – Get Free Report) declared a dividend on Tuesday, November 4th. Stockholders of record on Friday, November 14th will be paid a dividend of 2.45 per share on Friday, December 19th. This represents a dividend yield of 965.0%. The ex-dividend date is Friday, November 14th.
Central Securities Price Performance
NYSE CET opened at $51.20 on Thursday. Central Securities has a fifty-two week low of $40.24 and a fifty-two week high of $52.42. The stock’s fifty day moving average is $50.93 and its two-hundred day moving average is $48.56.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Wolverine Asset Management LLC grew its holdings in shares of Central Securities by 254.7% during the 1st quarter. Wolverine Asset Management LLC now owns 79,881 shares of the company’s stock worth $3,591,000 after purchasing an additional 57,358 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in Central Securities by 14.8% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 287,793 shares of the company’s stock worth $14,784,000 after purchasing an additional 37,099 shares during the period. Shaker Financial Services LLC raised its holdings in Central Securities by 17.1% in the second quarter. Shaker Financial Services LLC now owns 211,722 shares of the company’s stock valued at $10,133,000 after acquiring an additional 30,909 shares in the last quarter. Brasada Capital Management LP purchased a new stake in shares of Central Securities during the 1st quarter worth $779,000. Finally, Park Avenue Securities LLC purchased a new stake in Central Securities during the 2nd quarter worth about $283,000. 8.68% of the stock is currently owned by hedge funds and other institutional investors.
Central Securities Company Profile
Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.
See Also
- Five stocks we like better than Central Securities
- What Investors Need to Know About Upcoming IPOs
- Uber Stock Pullback Looks Like a Clear Buying Opportunity
- Investing in the High PE Growth Stocks
- 3 Cash-Rich Stocks With High Growth Potential Right Now
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Why Vertical Aerospace Stock Could Double After This Flight Test
Receive News & Ratings for Central Securities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Securities and related companies with MarketBeat.com's FREE daily email newsletter.
