Boulder Growth and Income Fund : & Income Fund, Inc. : Declares Dividend
January 12, 2016 at 04:01 pm
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Boulder Growth & Income Fund, Inc. (NYSE: BIF) announced that earlier
today its board of directors (the “Board”) declared a dividend of $0.033
per common share payable in cash on January 29, 2016 to holders of
record on January 22, 2016. The Fund will trade ex-dividend on January
20, 2016. The timing and character of distributions for federal income
tax purposes are determined in accordance with income tax regulations
which may differ from GAAP. As such, all or a portion of this
distribution may be reportable as taxable income on your 2016 federal
income tax return. The final tax character of any distribution declared
in 2016 will be determined in January 2017 and reported to you on IRS
Form 1099-DIV.
As previously announced, the Board instituted a monthly managed
distribution program in accordance with its Section 19(b) exemptive
order in November 2015. In adopting the program, the Fund seeks to
provide a regular monthly distribution to its common stockholders which
is not dependent on the amount of income earned or capital gains
realized by the Fund.
For more information on the Fund, please visit us on the web at www.boulderfunds.net.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160112006304/en/
SRH Total Return Fund, Inc. (the Fund) is a non-diversified closed-end fund with a total return investment objective. The Fund seeks to keep portfolio turnover low, which the sub-adviser believes helps to minimize associated trading costs. The Fund maintains a high level of investment flexibility and has the ability to invest in equity and fixed income securities of domestic and international companies without limitation to a company's market capitalization. The Fund's portfolio includes Berkshire Hathaway, Inc., JPMorgan Chase & Co., State Street Institutional U.S. Government Money Market Fund, Berkshire Hathaway, Inc., Yum! Brands, Inc., Enterprise Products Partners LP, Microsoft Corp., Cisco Systems, Inc., NRG Energy, Inc. and Stanley Black & Decker, Inc. The Fund is managed by its investment adviser, Paralel Advisors LLC.