Central Securities Corp. (NYSEAMERICAN:CET) declared a semiannual dividend on Monday, November 5th, Wall Street Journal reports. Shareholders of record on Tuesday, November 13th will be given a dividend of 1.20 per share on Thursday, December 20th. This represents a yield of 8.73%. The ex-dividend date of this dividend is Friday, November 9th. This is a positive change from Central Securities’s previous semiannual dividend of $0.80.
Central Securities has decreased its dividend by an average of 17.0% per year over the last three years.
Shares of NYSEAMERICAN:CET opened at $28.00 on Thursday. Central Securities has a 12-month low of $25.72 and a 12-month high of $30.12.
Central Securities Company Profile
Central Securities Corp. is a publicly owned self managed investment trust. The firm invests in the public equity markets of the United States. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.
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