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0.00478011472275324 0.00478011472275324 0.00478011472275324 0.00478011472275324 0.00478011472275324 0.0038240917782026 0.0038240917782026 0.004302103250478
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Delaware Investments® Dividend and Income Fund, Inc. Announces Share Repurchase Program

Delaware Invest Dividend &, Income (DDF)  More Company Research Source: Business Wire
PDF PHILADELPHIA--(BUSINESS WIRE)-- Today, Delaware Investments Dividend and Income Fund, Inc. (the “Fund”), a New York Stock Exchange–listed closed-end fund trading under the symbol “DDF,” announced that its Board has approved an open-market share repurchase program to authorize the Fund to purchase, from time to time, up to 10% of the Fund’s common shares in open-market transactions, at the discretion of management, in an effort to reduce the Fund’s market price discount to net asset value. Subject to the 10% limitation, the timing and amount of repurchases would be in the discretion of the Fund’s portfolio managers. In exercising their discretion consistent with their portfolio management responsibilities, the portfolio managers will take into account various other factors, including, but not limited to, the level of the discount, the Fund’s performance, portfolio holdings, dividend history, market condit [Read more]

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