Liberty All-Star Equity Fund Announces Quarterly Dividend of $0.18 (NYSE:USA)

Liberty All-Star Equity Fund (NYSE:USA) announced a quarterly dividend on Monday, November 4th, Wall Street Journal reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.18 per share by the closed-end fund on Thursday, January 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 10.01%. The ex-dividend date is Friday, November 15th.

Liberty All-Star Equity Fund has decreased its dividend payment by an average of 1.1% annually over the last three years.

Liberty All-Star Equity Fund Stock Up 2.1 %

Shares of NYSE USA traded up $0.15 during midday trading on Tuesday, reaching $7.19. The company’s stock had a trading volume of 613,606 shares, compared to its average volume of 740,205. Liberty All-Star Equity Fund has a fifty-two week low of $5.97 and a fifty-two week high of $7.32. The business’s 50 day moving average price is $7.05 and its two-hundred day moving average price is $6.87.

About Liberty All-Star Equity Fund

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.