The New Ireland Fund (IRL), Inc. Declares Annual Distributions

Rhea-AI Summary

The Board of Directors of The New Ireland Fund has declared an annual capital gain distribution of $0.2003 per share, to be paid in cash on December 30, 2022, to shareholders on record by December 23, 2022. The shares will be ex-dividend on December 22, 2022. The Fund focuses on long-term capital appreciation through investments primarily in Irish equity securities. Managed by KBI Global Investors, a subsidiary of Amundi Asset Management, the Fund is traded on the NYSE under the ticker IRL.

Positive

• Declared annual long-term capital gain distribution of $0.2003 per share.
• Distribution date set for December 30, 2022, indicating a return to shareholders.
• The Fund aims for long-term capital appreciation in Irish equity securities.

Negative

• None.

BOSTON, Dec. 13, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of The New Ireland Fund, Inc. (the "Fund") has declared an annual long-term capital gain distribution in the amount of $0.2003 per share. The distribution will be paid in cash on December 30, 2022 to stockholders of record on December 23, 2022. The shares will trade “ex-dividend” on December 22, 2022.

The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Investment Objective: The New Ireland Fund, Inc., (N.Y.S.E. - IRL) a closed-end non-diversified investment company, seeks long-term capital appreciation through investment primarily in equity securities of Irish securities.

The Fund is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd. based in Dublin, Ireland. KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europe’s largest asset manager by assets under management.

The Fund is listed on the New York Stock Exchange under the ticker symbol - IRL. For further information, please contact the Fund at 1-800-468-6475 or investor.query@newirelandfund.com

Website: www.newirelandfund.com

FAQ

What is the capital gain distribution amount for The New Ireland Fund (IRL)?

The capital gain distribution amount is $0.2003 per share.

When will the distribution for The New Ireland Fund (IRL) be paid?

The distribution will be paid in cash on December 30, 2022.

What is the record date for The New Ireland Fund (IRL) distribution?

The record date for the distribution is December 23, 2022.

When will The New Ireland Fund (IRL) trade ex-dividend?

The shares will trade ex-dividend on December 22, 2022.

What is the investment objective of The New Ireland Fund (IRL)?

The investment objective is long-term capital appreciation primarily through Irish equity securities.