StreetInsider.com News Articles

Herzfeld Credit Income Fund changes dividend reinvestment policy

Wed, 16 Jul 2025 16:02:02 -0400

Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) announced that its Board of Directors approved amendments to the Fund's Dividend Reinvestment Plan on May 8, 2025. The changes will become effective thirty days from the date notice is mailed to shareholders.

The amendments modify the plan to allow the Fund to issue new shares to plan participants regardless of whether the Fund's common stock trades at a premium or discount to the Fund's net asset value. The previous plan required the Fund to purchase shares on the open market when the common stock traded below NAV.

Under the amended plan, the number of

Herzfeld Credit Income Fund changes dividend reinvestment policy

Wed, 16 Jul 2025 16:02:02 -0400

Under the amended plan, the number of

Herzfeld Credit Income Fund changes dividend reinvestment policy

Wed, 16 Jul 2025 16:02:02 -0400

Under the amended plan, the number of

Herzfeld Credit Income Fund changes dividend reinvestment policy

Wed, 16 Jul 2025 16:02:02 -0400

Under the amended plan, the number of

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

MIAMI BEACH, Fla., July 16, 2025 (GLOBE NEWSWIRE) -- Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the “Fund”) today announced that the Fund’s Board of Directors (“Board”) approved amendments to the Fund’s Dividend Reinvestment Plan (the “Plan”), on May 8, 2025. The changes to the Plan will become effective thirty (30) days from the date that notice is mailed to shareholders of the Fund.

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

Wed, 16 Jul 2025 16:00:00 -0400

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a

Herzfeld Caribbean Basin Fund (CUBA) changes name and Nasdaq ticker symbol

Wed, 02 Jul 2025 16:43:55 -0400

The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that it has changed the name of the Fund to “Herzfeld Credit Income Fund, Inc.” and that effective on or about July 7, the Fund will continue to trade on NASDAQ under the new ticker symbol “HERZ”.

On June 17, 2025, the Fund’s Stockholders approved the Fund’s conversion from its prior investment strategy to focus on a “CLO Equity Strategy”. Under the new strategy, the Fund’s primary investment objective is a total return strategy with a secondary objective of generating high current income for stockholders. In accordance with

The Herzfeld Caribbean Basin Fund, Inc. Announces Change of Name and NASDAQ Ticker Symbol