Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Declares Quarterly Dividend of $0.22

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.22 per share by the investment management company on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Wednesday, September 16th. This is a 15.8% increase from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.19.

Ellsworth Growth and Income Fund Trading Up 2.5%

Shares of Ellsworth Growth and Income Fund stock opened at $13.00 on Thursday. The business’s 50-day moving average price is $12.77 and its 200-day moving average price is $12.36. Ellsworth Growth and Income Fund has a 12 month low of $10.60 and a 12 month high of $13.85.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.