Global Dividend Growers Income Fund Announces Distribution for the First Quarter of 2021, Payable on February 12, 2021, March 15, 2021 and April 15, 2021 Respectively
January 20, 2021 at 08:00 am
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Global Dividend Growers Income Fund announced distribution of $0.06 per trust unit for the first quarter of 2021. Record dates are January 31, 2021, February 28, 2021 and March 31, 2021. Payable dates are February 12, 2021, March 15, 2021 and April 15, 2021 respectively.
Global Dividend Growers Income Fund (the Fund) is a closed-end investment fund. The investment objectives of the Fund are to provide unitholders with stable monthly cash distributions and to grow distributions over time and enhance long-term total return through capital appreciation of the Fund's investment portfolio. The Fund invests approximately 30% and till approximately 70% of its assets in an equally weighted passively managed diversified portfolio consisting of the equity securities of publicly listed issuers by market capitalization globally, which have exhibited cumulative dividend growth of approximately 10% over the five-year period ending on the date prior to the date of re-balancing, as well as an indicated dividend yield of approximately 3%. The Fund invests in a range of sectors, such as technology, utilities, consumer discretionary, financials, healthcare, communication services, consumer staples, and industrials. Middlefield Limited is the manager of the Fund.
Global Dividend Growers Income Fund Announces Distribution for the First Quarter of 2021, Payable on February 12, 2021, March 15, 2021 and April 15, 2021 Respectively
GLOBAL DIVIDEND GROWERS INCOME FUND 