Liberty All-Star Equity Fund (NYSE:USA) announced a quarterly dividend on Tuesday, April 16th, Wall Street Journal reports. Shareholders of record on Friday, April 26th will be paid a dividend of 0.17 per share by the closed-end fund on Monday, June 10th. This represents a $0.68 dividend on an annualized basis and a yield of 10.71%. The ex-dividend date is Thursday, April 25th. This is a boost from Liberty All-Star Equity Fund’s previous quarterly dividend of $0.15.
Liberty All-Star Equity Fund has raised its dividend payment by an average of 13.7% annually over the last three years.
Shares of USA opened at $6.35 on Wednesday. Liberty All-Star Equity Fund has a 1-year low of $4.90 and a 1-year high of $6.87.
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About Liberty All-Star Equity Fund
Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.
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