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.

An institutional investor recently raised its position in Central Securities stock. Geode Capital Management LLC lifted its stake in shares of Central Securities Corp. (NYSEAMERICAN:CET) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 98,848 shares of the company’s stock after acquiring an additional 1,988 shares during the quarter. Geode Capital Management LLC owned approximately 0.39% of Central Securities worth $2,454,000 at the end of the most recent reporting period.

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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)?

Dividend History for Central Securities (NYSEAMERICAN:CET)

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