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Eagle Capital Growth Fund Finalizes Year-End Distribution of $0.51 Per Share

Eagle Capital Growth Fund, Inc (GRF)  More Company Research Source: Business Wire
NASDAQ:AMEX Investor Relations: eaglecapitalgrowthfund.com
PDF MILWAUKEE--(BUSINESS WIRE)-- Eagle Capital Growth Fund, Inc. (“Fund”) (NYSE American: GRF) today finalized its year-end distribution of $0.51 per share. The Fund offered shareholders the choice of receiving the distribution in newly-issued shares of the Fund’s common stock or receiving the distribution in cash. The Fund issued 138,914 shares of common stock at a price of $7.88 per share, and paid out approximately $736,220 in cash to shareholders. On a preliminary basis, this distribution represents a combination of net investment income of $0.2146 per share and long-term capital gains of $0.2954 per share. This preliminary information is subject to change. Shareholders will receive definitive information with respect to U.S. Federal income tax treatment in the ordinary course. In addition, shareholders can access definitive tax information by going to the Fund’s website after year-end. [Read more]

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