Central Securities Corporation (NYSEAMERICAN:CET – Get Free Report) declared a dividend on Wednesday, November 4th. Stockholders of record on Monday, November 16th will be paid a dividend of $3.00 per share on Friday, December 18th. This represents a dividend yield of 1,058.0%. The ex-dividend date is Monday, November 16th.
Central Securities Stock Up 1.1%
NYSEAMERICAN:CET opened at $56.70 on Thursday. The stock’s 50-day simple moving average is $55.71 and its 200 day simple moving average is $53.25. Central Securities has a 52-week low of $47.82 and a 52-week high of $57.39.
About Central Securities
Central Securities Corporation (NYSE American: CET) is a diversified closed-end investment company. Rather than operating businesses or selling products directly, the company invests capital in a portfolio of securities with the objective of achieving long-term capital appreciation, while also seeking current income as a secondary objective.
The company’s portfolio may include publicly traded common stocks, convertible securities, fixed-income investments and investments in privately held companies.
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