Asa Gold And Precious Metals Ltd. (ASA) Declares $0.02 Quarterly Dividend; 0.7% Yield
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ASA Gold and Precious Metals Limited Announces Dividend Declaration
March 16, 2017 4:37 PM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- ASA Gold and Precious Metals Limited (NYSE: ASA) declared a distribution of $0.02 per common share of the Company. The distribution is payable on May 26, 2017 to shareholders of record as of the close of business on May 12, 2017. Due to challenging market conditions in the precious metals and mining sector and declining dividends received by the portfolio, this distribution will be paid from undistributed net investment income. Should current market conditions persist, future distributions, if any, from this source may be unsustainable. The Company has paid uninterrupted distributions since 1959.
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