Liberty All-Star Equity Fund (NYSE:USA) Raises Dividend to $0.17 Per Share

Liberty All-Star Equity Fund (NYSE:USA) announced a quarterly dividend on Monday, July 6th. Investors of record on Thursday, July 16th will be paid a dividend of 0.17 per share by the closed-end fund on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date is Thursday, July 16th. This is a 13.3% increase from Liberty All-Star Equity Fund’s previous quarterly dividend of $0.15.

Liberty All-Star Equity Fund Price Performance

Liberty All-Star Equity Fund stock traded up $0.01 during mid-day trading on Tuesday, reaching $5.88. 352,118 shares of the company were exchanged, compared to its average volume of 1,232,330. The company has a fifty day simple moving average of $5.78 and a 200-day simple moving average of $5.91. Liberty All-Star Equity Fund has a 12 month low of $5.40 and a 12 month high of $6.94.

Liberty All-Star Equity Fund Company Profile

Liberty All-Star Equity Fund (NYSE: USA) is a closed-end management investment company that seeks long-term capital appreciation through an actively managed portfolio of equity securities. Listed on the New York Stock Exchange since its inception, the fund offers investors access to both U.S. and international markets within a single vehicle. It is designed to appeal to those seeking a diversified equity strategy combined with the liquidity of an exchange-traded security.

The fund’s investment approach centers on a diversified mix of common stocks and American Depositary Receipts (ADRs), spanning large-cap, mid-cap and small-cap issuers.