Boulder Growth & Income Fund, Inc. to Issue Quarterly Dividend of $0.12 (NYSE:BIF)

Boulder Growth & Income Fund, Inc. (NYSE:BIFGet Rating) declared a quarterly dividend on Monday, February 14th, Wall Street Journal reports. Stockholders of record on Friday, April 22nd will be given a dividend of 0.12 per share by the closed-end fund on Friday, April 29th. This represents a $0.48 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Thursday, April 21st.

Boulder Growth & Income Fund stock opened at $14.75 on Tuesday. The firm has a 50 day moving average price of $14.35. Boulder Growth & Income Fund has a 1 year low of $12.70 and a 1 year high of $15.10.

Several institutional investors have recently added to or reduced their stakes in BIF. Bank of America Corp DE increased its stake in shares of Boulder Growth & Income Fund by 2.2% in the second quarter. Bank of America Corp DE now owns 42,163 shares of the closed-end fund’s stock valued at $571,000 after buying an additional 900 shares during the period. Morgan Stanley increased its position in Boulder Growth & Income Fund by 6.3% during the 2nd quarter. Morgan Stanley now owns 2,604,247 shares of the closed-end fund’s stock valued at $35,262,000 after purchasing an additional 153,316 shares during the period. Citadel Advisors LLC acquired a new stake in Boulder Growth & Income Fund during the 3rd quarter valued at approximately $152,000. LPL Financial LLC increased its position in Boulder Growth & Income Fund by 375.0% during the 3rd quarter. LPL Financial LLC now owns 51,054 shares of the closed-end fund’s stock valued at $669,000 after purchasing an additional 40,305 shares during the period. Finally, UBS Group AG increased its position in Boulder Growth & Income Fund by 7.1% during the 3rd quarter. UBS Group AG now owns 84,906 shares of the closed-end fund’s stock valued at $1,113,000 after purchasing an additional 5,617 shares during the period. 11.78% of the stock is owned by institutional investors.

About Boulder Growth & Income Fund (Get Rating)

Boulder Growth & Income Fund, Inc operates as a non-diversified, closed-end management company. It primarily invests in domestic common stocks, warrants, corporate bonds, the United States treasury bills and repurchase agreements. The firm seeks to produce both income and long-term capital appreciation by investing in a portfolio of equity and debt securities.

See Also

Dividend History for Boulder Growth & Income Fund (NYSE:BIF)

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