Fort Dearborn Income Securities, Inc. Reports Dividend Distribution
CHICAGO--(BUSINESS WIRE)-- The Board of Directors for Fort Dearborn Income Securities, Inc. (the “Fund”) (NYSE: FDI) today declared a final dividend prior to the Fund Reorganization from net investment income of $0.019 per share. The dividend is payable on May 13, 2016 to shareholders of record as of May 10, 2016. The ex-dividend date is May 6, 2016. As discussed in the press release dated March 17, 2016, the Fund's Automatic Dividend Investment Plan has been terminated. The distribution for this final dividend will be made in cash.
Important Note: As discussed in the press release dated April 19, 2016, the Fund Reorganization is scheduled for Friday, May 20, 2016.
Investing in the Fund entails specific risks, such as interest rate, credit and US government securities risks as well as derivatives investment risk. Until the reorganization, further information regarding the Fund may be found at http://www.ubs.com/closedendfundsinfo.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160429005809/en/
UBS Asset Management
Closed-End Funds Desk: 888-793-8637
ubs.com
Source: Fort Dearborn Income Securities, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Stockholder Alert: Robbins LLP Informs Investors of the Class Action Filed Against Sharecare, Inc. (SHCR)
- NV Gold Announces Secured Loan Terms
- Sabre announces upcoming webcasts of its 2024 Annual Meeting of Stockholders and first quarter 2024 earnings conference call
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
UBS, DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!