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Ellsworth Growth and Income Fund Ltd. (NYSE: ECF) Increases Quarterly Distribution 23% to $0.16 Per Share From $0.13 Per Share
Globenewswire·2025-05-15 00:14

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (the “Fund”) declared a 0.16persharecashdistributionpayableonJune23,2025tocommonshareholdersofrecordonJune13,2025.The0.16 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025. The 0.16 quarterly distribution is a 23% increase from 0.13pershare,bringingtheannualdistributionrateto0.13 per share, bringing the annual distribution rate to 0.64 from $0.52 per share. The increase follows on the strength of the Fund’s market total return of 27% in 2024. The Fund intends to pay the greater of eit ...