Dividend And Income Fund Inc Plans Quarterly Dividend of $0.20 (NYSE:DNI)

Dividend And Income Fund Inc (NYSE:DNI) declared a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.20 per share by the real estate investment trust on Monday, December 30th. This represents a $0.80 annualized dividend and a yield of 6.38%. The ex-dividend date is Friday, December 13th.

Dividend And Income Fund stock traded up $0.02 during trading hours on Wednesday, hitting $12.53. 23,294 shares of the company traded hands, compared to its average volume of 35,904. The firm’s 50-day simple moving average is $12.38 and its two-hundred day simple moving average is $11.73. Dividend And Income Fund has a 1-year low of $8.93 and a 1-year high of $12.98.

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About Dividend And Income Fund

Dividend and Income Fund is a closed-ended equity mutual fund launched and managed by Bexil Advisers LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all capitalizations.

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