Ellsworth Fund Ltd (ECF) Declares $0.1085 Quarterly Dividend; 4.8% Yield

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Ellsworth Growth and Income Fund Ltd. Declares a Quarterly Dividend and Reports on Share Repurchase Program Activity

April 20, 2015 5:00 PM EDT

MORRISTOWN, NJ -- (Marketwired) -- 04/20/15 -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE MKT: ECF) announced today that it has declared a dividend of 10.85 cents ($0.1085) per share. The dividend is payable on May 28, 2015 to shareholders of record on May 14, 2015. Based on our current estimates, the Fund anticipates that approximately $0.0541 per share of the dividend will be paid from accumulated net investment income, and approximately $0.0544 per share will represent a return of capital. These estimates and the sources of the Fund's dividends and distributions are determined at the time of declaration.... More