Ellsworth Growth and Income Fund Ltd. to Issue Dividend of $0.14 (NYSE:ECF)

Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) declared a dividend on Wednesday, November 13th,NASDAQ Dividends reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.14 per share on Monday, December 30th. The ex-dividend date of this dividend is Friday, November 22nd.

Ellsworth Growth and Income Fund has decreased its dividend by an average of 26.9% annually over the last three years.

Ellsworth Growth and Income Fund Price Performance

ECF stock opened at $9.53 on Friday. The company’s 50 day moving average is $9.12 and its two-hundred day moving average is $8.58. Ellsworth Growth and Income Fund has a twelve month low of $7.53 and a twelve month high of $9.86.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. bought 3,302 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were bought at an average cost of $8.93 per share, for a total transaction of $29,486.86. Following the transaction, the insider now owns 1,403,987 shares of the company’s stock, valued at approximately $12,537,603.91. This trade represents a 0.24 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.54% of the company’s stock.

Ellsworth Growth and Income Fund Company Profile

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.