Eagle Capital Growth Fund, Inc. Declares — Dividend of $0.68 (NYSEAMERICAN:GRF)

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) announced a — dividend on Tuesday, November 19th,Wall Street Journal reports. Investors of record on Friday, November 29th will be given a dividend of 0.68 per share on Thursday, December 19th. This represents a yield of 0.7%. The ex-dividend date of this dividend is Friday, November 29th.

Eagle Capital Growth Fund has decreased its dividend by an average of 14.0% per year over the last three years.

Eagle Capital Growth Fund Trading Up 4.6 %

GRF traded up $0.46 during trading on Tuesday, hitting $10.36. The company’s stock had a trading volume of 9,190 shares, compared to its average volume of 3,535. Eagle Capital Growth Fund has a twelve month low of $7.93 and a twelve month high of $10.36.

Insider Transactions at Eagle Capital Growth Fund

In related news, CFO David C. Sims purchased 4,069 shares of Eagle Capital Growth Fund stock in a transaction dated Tuesday, October 1st. The shares were acquired at an average price of $9.75 per share, with a total value of $39,672.75. Following the completion of the transaction, the chief financial officer now owns 191,673 shares of the company’s stock, valued at approximately $1,868,811.75. This trade represents a 2.17 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought a total of 7,615 shares of company stock worth $73,705 in the last ninety days.

About Eagle Capital Growth Fund

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.