Central Securities Corp. Declares Semiannual Dividend of $0.20 (CET)
Central Securities Corp. (NYSEAMERICAN:CET) announced a semiannual dividend on Thursday, May 23rd, Wall Street Journal reports. Shareholders of record on Monday, June 10th will be given a dividend of 0.20 per share on Tuesday, June 25th. The ex-dividend date of this dividend is Friday, June 7th.
Central Securities has decreased its dividend payment by an average of 9.9% annually over the last three years.
Shares of Central Securities stock traded down $0.34 during trading hours on Thursday, reaching $28.97. 27,100 shares of the stock traded hands, compared to its average volume of 24,811. Central Securities has a one year low of $23.54 and a one year high of $30.20.
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Central Securities Company Profile
Central Securities Corp. is a publicly owned self managed investment trust. The firm invests in the public equity markets of the United States. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.
Further Reading: What Is An Exchange-Traded Fund (ETF)?
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