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Dividend and Income Fund, Inc. (XDNIX) is a closed-end fund with the primary objective of seeking high current income with secondary capital appreciation. The Fund anticipates quarterly distributions of $0.25 per share for 2024, emphasizing a stable cash flow per share. Investment primarily includes income-generating equity securities, providing opportunities to purchase shares at a discount to their underlying value. The Fund's premium or discount to NAV may vary, emphasizing a long-term investment approach. Shareholders should consider the Fund's investment policies, risks, and expenses before investing.
Dividend and Income Fund (DNIF, XDNIX) announced its quarterly distribution will remain at $0.25 per share for 2023. The ex-dividend dates for the quarters are March 14, June 14, September 15, and December 14.
Shareholders are reminded that distributions may consist of net investment income, capital gains, or return of capital, which may affect tax circumstances. The fund's investment objective focuses on high current income with capital appreciation as a secondary goal.
The Dividend and Income Fund (OTC PINK:DNIF; Net Asset Value Symbol: XDNIX) has declared a quarterly distribution of $0.25 per share, payable on September 28, 2022 to shareholders of record as of September 16, 2022. The source breakdown of this distribution is approximately 47% from net investment income, 53% from capital gains, and 0% from return of capital. Shareholders are cautioned that distributions may not reflect the Fund's investment performance. The Fund aims to provide stable cash flow, but the distribution policy can change without notice.
The Dividend and Income Fund (OTC PINK:DNIF, NAV Symbol: XDNIX) has declared a quarterly distribution of $0.57 per share, payable on December 30, 2021, to shareholders of record as of December 15, 2021. The distribution comprises approximately 10% from net investment income and 90% from capital gains, with no portion attributed to a return of capital. Shareholders are cautioned that this distribution does not reflect the Fund's investment performance. The Fund aims to provide stable cash flow but may adjust its distribution policy at any time.
The Dividend and Income Fund (OTC PINK:DNIF, NAV Symbol: XDNIX) declared a quarterly distribution of $0.25 per share, payable on September 28, 2021 to shareholders of record as of September 16, 2021. The distribution comprises approximately 25% from net investment income, 75% from capital gains, and 0% from return of capital. Shareholders are advised that this distribution does not reflect the Fund's investment performance. It is emphasized that the Fund's distribution policy may change at any time without notice.
Dividend and Income Fund (NASDAQ:XDNIX) has declared a quarterly distribution of $0.25 per share, payable on March 25, 2021, to shareholders on record as of March 15, 2021, with an ex-dividend date of March 12, 2021.
This distribution comprises approximately 8% from net investment income and 92% from capital gains, with no return of capital. Shareholders are advised that the source of distribution does not reflect the Fund's investment performance.
The Dividend and Income Fund (OTC PINK:DNIF) has declared a quarterly distribution of $0.25 per share, payable on March 25, 2021, to shareholders of record as of March 15, 2021. The distribution includes approximately 8% from net investment income and 92% from capital gains. Shareholders are advised that distributions may comprise returns of capital, which does not reflect the Fund's performance. The Fund aims to offer stable cash flow but warns there is no guarantee to narrow market price discounts to net asset value (NAV).
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