Fort Dearborn Income Securities (FDI) Declares $0.1625 Quarterly Dividend; 4.4% Yield
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Go back to Fort Dearborn Income Securities (FDI) Declares $0.1625 Quarterly Dividend; 4.4% Yield
December 4, 2015 5:05 PM EST
CHICAGO--(BUSINESS WIRE)--
The Board of Directors for Fort Dearborn Income Securities, Inc. (the
Fund) (NYSE: FDI) today declared a quarterly dividend from net
investment income and retained earnings of $0.1625 per share. The
dividend is payable on December 31, 2015 to shareholders of record as of
December 14, 2015. The ex-dividend date is December 10, 2015.
... More
December 4, 2015 5:05 PM EST
NEW YORK--(BUSINESS WIRE)--
Fort Dearborn Income Securities, Inc. (NYSE: FDI) (the Fund) announced
today that the Board of Directors of the Fund (the Board), based on a
recommendation from management, has determined it is in the best
interest of the Fund and its shareholders to approve the submission of
an Agreement and Plan of Reorganization (the "Plan") to shareholders of
the Fund under which substantially all of the assets of the Fund would
be transferred to a newly created series of The UBS Funds (the UBS
Fund) in exchange for shares of the UBS... More
