Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) to Issue $0.68 — Dividend

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) declared a — dividend on Monday, November 18th,Wall Street Journal reports. Investors of record on Friday, November 29th will be paid a dividend of 0.68 per share on Thursday, December 19th. This represents a yield of 0.7%. The ex-dividend date of this dividend is Friday, November 29th.

Eagle Capital Growth Fund has decreased its dividend by an average of 14.0% annually over the last three years.

Eagle Capital Growth Fund Trading Up 4.9 %

Shares of GRF opened at $10.54 on Thursday. Eagle Capital Growth Fund has a 12 month low of $8.25 and a 12 month high of $10.99.

Insider Buying and Selling

In other news, CFO David C. Sims bought 4,069 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was acquired at an average cost of $9.75 per share, for a total transaction of $39,672.75. Following the purchase, the chief financial officer now owns 191,673 shares of the company’s stock, valued at approximately $1,868,811.75. This trade represents a 2.17 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last 90 days, insiders acquired 7,615 shares of company stock worth $73,705.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.