Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) Raises Dividend to $0.41 Per Share

Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) declared a quarterly dividend on Wednesday, November 12th. Stockholders of record on Monday, November 24th will be given a dividend of 0.41 per share on Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 13.6%. The ex-dividend date of this dividend is Monday, November 24th. This is a 156.3% increase from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.16.

Ellsworth Growth and Income Fund Stock Performance

Shares of ECF traded down $0.15 during trading hours on Thursday, hitting $12.04. The stock had a trading volume of 7,715 shares, compared to its average volume of 38,707. Ellsworth Growth and Income Fund has a 12 month low of $8.15 and a 12 month high of $12.59. The stock has a fifty day moving average price of $11.90 and a 200 day moving average price of $10.78.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.