Central Securities Corporation Declares Year-End Distribution
Central Securities Corporation (CET)
NASDAQ:AMEX Investor Relations:
centralsecurities.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared a distribution of $1.15 per share on its Common Stock.The dividend is payable December 23, 2019 to stockholders of record November 18, 2019. The distribution will be paid in additional shares of stock unless stockholders elect to receive the distribution in cash. The cut-off date for election of cash is December 5, 2019 (the “Cut-Off Date”).The number of additional shares to which a stockholder will be entitled if he receives the distribution in stock will be computed as follows:The number of shares held of record on November 18, 2019 will be multiplied by $1.15. This amount will be divided by the Reinvestment Price to determine the number of shares to be received. The Reinvestment Price will be the lower of the market value (as defined below) or the net asset value per share on the Cut-Off Date. Cash will be paid in lieu of fractional shares.The market v
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Sec Filings
- 4/25/24 - Form N-30B-2
- 4/22/24 - Form 4
- 4/19/24 - Form 4
- CET's page on the SEC website