Boulder Growth & Income Fund, Inc. Declares Quarterly Distribution
Boulder Growth & Income Fund, Inc. (BIF)
US:NYSE Investor Relations:
boulderfunds.net/bif-fundobjective.php
Company Research
Source: PR Newswire
DENVER, Nov. 14, 2019 /PRNewswire/ -- Boulder Growth & Income Fund, Inc. (NYSE:BIF) (the "Fund") announced the declaration of the Fund's quarterly distribution of $0.102 per share to occur in January 2020. This distribution is being paid as part of BIF's managed distribution program under which BIF will make per share distributions of $0.102 per quarter, or approximately $0.408 per year. As of market close on November 7, 2019, the distribution amounts to approximately 3.54% of market price and 3.00% of net asset value ("NAV") on an annualized basis. Due to the current discount of the Fund's market price to its per share NAV, and the fact that distributions are made in cash (i.e., at NAV), if Fund shares continue to trade at a discount at the time of this distribution, then it will be accretive to BIF's market-price-based return. The January 2020 quarterly distribution will be payable in cash to stockholders of record per the following critical dates: Pay DateRecord Date Ex-Dividen
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