The European Equity Fund, Inc. Announces Yearly December 2019 Distribution, Payable on January 30, 2020
December 19, 2019 at 05:00 pm
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The European Equity Fund, Inc. announced yearly December 2019 distribution of $0.2246 per share, out of which $0.1321 per share is Long-Term Capital Gains. The dividend will be payable on January 30, 2020, Ex-date is December 27, 2019. Record date is on December 30, 2019.
The European Equity Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment primarily in equity and equity-linked securities of issuers domiciled in Europe. This Fund is diversified and primarily focuses its investments on equity securities of issuers domiciled in Europe, thereby increasing its vulnerability to developments in that region. It invests in various sectors, such as banks, beverages, building products, construction and engineering, insurance, media, information technology (IT) services, oil, gas and consumable fuels, pharmaceuticals, professional services, textiles, apparel and luxury goods, air freight and logistics, chemicals, diversified telecommunication services, semiconductors and semiconductor equipment, software, commercial services and supplies and others. DWS International GmbH is the investment adviser of the Fund.