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DDF Announces a Distribution Increase, Updates to Its Distribution Methodology Under Its Managed Distribution Policy, and Implementation of Exemptive Relief Permitting for Multiple Long-Te...

DELAWARE INVEST DIVIDEND & INCOME COMMON (DDF)  More Company Research Source: Business Wire
PDF PHILADELPHIA--(BUSINESS WIRE)-- Distribution declaration Increased distribution Today, Delaware Investments Dividend and Income Fund, Inc. (the “Fund”), a New York Stock Exchange–listed closed-end fund trading under the symbol “DDF,” declares a monthly distribution of $0.0995 per share, an increase of 250% from its previous monthly distribution of $0.0400 per share. The increased monthly distribution is payable March 29, 2018 to shareholders of record at the close of business on March 16, 2018. The ex-dividend date will be March 15, 2018. The Fund also announces an updated methodology for determining its monthly distribution and its recently implemented exemptive relief permitting the Fund to make up to twelve long-term capital gains distributions per year. Methodology for determining distribution amount In connection with increasing its distribution, the Fund’s Board [Read more]

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