Herzfeld Credit Income Fund changes dividend reinvestment policy

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Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy

July 16, 2025 4:00 PM EDT

MIAMI BEACH, Fla., July 16, 2025 (GLOBE NEWSWIRE) -- Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the Fund) today announced that the Funds Board of Directors (Board) approved amendments to the Funds Dividend Reinvestment Plan (the Plan), on May 8, 2025. The changes to the Plan will become effective thirty (30) days from the date that notice is mailed to shareholders of the Fund.

The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes... More