Ellsworth G&I Fund: Dividend Insights
Portfolio Pulse from Benzinga Insights
Ellsworth G&I Fund (AMEX:ECF) announced a quarterly dividend of 13 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on December 28, 2023. The stock is expected to open 13 cents lower on the ex-dividend date.
November 16, 2023 | 2:45 pm
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Ellsworth G&I Fund (ECF) will pay a quarterly dividend of 13 cents per share, with shares expected to open lower by an equivalent amount on the ex-dividend date.
The stock price of ECF is likely to decrease in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence as the stock price adjusts for the dividend payout.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100