Boulder Growth & Income Fund, Inc. Increases Its Quarterly Distribution, Payable on January 31, 2022
November 10, 2021 at 04:30 pm EST
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Boulder Growth & Income Fund, Inc. announced a 17.6% increase in the Fund's quarterly distribution to $0.12 per share beginning in January 2022, payable on the dates noted below.?This distribution is being paid as part of the Fund's managed distribution program under which the Fund intends to make per share distributions of $0.12 per quarter, or approximately $0.48 per year. As of market close on November 3, 2021, the distribution amounts to approximately 3.54% of market price and 2.93% of net asset value ("NAV") on an annualized basis. The dividend will be payable on January 31, 2022. Record date is January 24, 2022. Ex-dividend date is January 21, 2022.
SRH Total Return Fund, Inc. (the Fund) is a non-diversified closed-end fund with a total return investment objective. The Fund seeks to keep portfolio turnover low, which the sub-adviser believes helps to minimize associated trading costs. The Fund maintains a high level of investment flexibility and has the ability to invest in equity and fixed income securities of domestic and international companies without limitation to a company's market capitalization. The Fund's portfolio includes Berkshire Hathaway, Inc., JPMorgan Chase & Co., State Street Institutional U.S. Government Money Market Fund, Berkshire Hathaway, Inc., Yum! Brands, Inc., Enterprise Products Partners LP, Microsoft Corp., Cisco Systems, Inc., NRG Energy, Inc. and Stanley Black & Decker, Inc. The Fund is managed by its investment adviser, Paralel Advisors LLC.