The Central and Eastern Europe Fund, Inc. (CEE) to Issue Annual Dividend of $0.39 on January 30th

The Central and Eastern Europe Fund, Inc. (NYSE:CEE) announced an annual dividend on Thursday, December 18th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.3871 per share by the closed-end fund on Friday, January 30th. This represents a dividend yield of 230.0%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 9.6% increase from The Central and Eastern Europe Fund’s previous annual dividend of $0.35.

The Central and Eastern Europe Fund Stock Performance

Shares of The Central and Eastern Europe Fund stock opened at $17.79 on Friday. The company’s 50 day moving average price is $16.26 and its two-hundred day moving average price is $15.95. The Central and Eastern Europe Fund has a fifty-two week low of $10.92 and a fifty-two week high of $18.69.

About The Central and Eastern Europe Fund

The Central and Eastern Europe Fund, Inc (NYSE: CEE) is a closed-end management investment company that seeks to provide shareholders with long-term growth of capital and a high level of current income. Since its initial public offering in 1994, the fund has focused on equity and equity-related securities of companies operating in Central and Eastern Europe. Shares of CEE are traded on the New York Stock Exchange, offering U.S. investors direct exposure to the economic growth and development of this dynamic region.

CEE’s investment strategy combines a macroeconomic top-down framework with rigorous bottom-up security selection.