Bancroft Fund Ltd. (BCV) Declares $0.254 Quarterly Dividend; 4.7% Yield
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Bancroft Fund Ltd. Declares a Quarterly Dividend and Reports Share Repurchase Activity
May 19, 2015 5:00 PM EDTMORRISTOWN, NJ -- (Marketwired) -- 05/19/15 -- The Board of Trustees of Bancroft Fund Ltd. (NYSE MKT: BCV) announced today that it has declared a dividend of 25.4 cents ($0.254) per share. The dividend is payable on June 25, 2015 to shareholders of record on June 11, 2015. Based on our current estimates, the Fund anticipates that approximately 11.6 cents ($0.116) per share of the dividend will be paid from accumulated net investment income, and approximately 13.8 cents ($0.138) 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. However... More
