Boulder Growth & Income Fund Inc Plans Quarterly Dividend of $0.10 (BIF)

Boulder Growth & Income Fund Inc (NYSE:BIF) declared a quarterly dividend on Wednesday, May 15th, Wall Street Journal reports. Investors of record on Tuesday, July 23rd will be paid a dividend of 0.102 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.41 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Monday, July 22nd.

Boulder Growth & Income Fund has raised its dividend by an average of 29.8% per year over the last three years.

NYSE:BIF traded down $0.02 during trading hours on Wednesday, reaching $10.80. The company’s stock had a trading volume of 108,355 shares, compared to its average volume of 160,972. Boulder Growth & Income Fund has a 12 month low of $9.45 and a 12 month high of $11.36.

In other Boulder Growth & Income Fund news, major shareholder Lola Brown Trust 1B purchased 2,319,048 shares of Boulder Growth & Income Fund stock in a transaction dated Wednesday, April 10th. The shares were acquired at an average cost of $10.96 per share, with a total value of $25,416,766.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.16% of the company’s stock.

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About Boulder Growth & Income Fund

Boulder Growth & Income Fund, Inc is a closed-ended balanced mutual fund launched and managed by Boulder Investment Advisers, LLC It is co-managed by Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.

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Dividend History for Boulder Growth & Income Fund (NYSE:BIF)

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