Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) Declares Dividend Increase – $0.41 Per Share

Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) announced a quarterly dividend on Wednesday, November 12th. Shareholders of record on Monday, November 24th will be given a dividend of 0.41 per share on Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 13.7%. The ex-dividend date is Monday, November 24th. This is a 156.3% increase from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.16.

Ellsworth Growth and Income Fund Price Performance

Shares of NYSE:ECF traded down $0.21 during trading on Thursday, reaching $11.98. The company had a trading volume of 9,317 shares, compared to its average volume of 38,717. Ellsworth Growth and Income Fund has a 12 month low of $8.15 and a 12 month high of $12.59. The company has a fifty day moving average of $11.90 and a two-hundred day moving average of $10.78.

Ellsworth Growth and Income Fund Company Profile

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.