Bancroft Fund Ltd. (BCV) Declares $0.32 Quarterly Dividend; 7.1% Yield
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Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share
May 14, 2025 11:41 AM EDTRYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the Fund) declared a $0.32 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025.
The Fund intends to pay the greater of either an annual distribution of 5% of the Funds trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies.
Each quarter, the Board of Trustees reviews the amount of... More
