Central Securities Corporation Declares Dividend

By Business Wire,  May 21, 2014, 01:28:00 PM EDT


NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Central Securities Corporation (NYSE MKT: CET), a closed-end investment company, today declared the following dividend:

                   
Record Payment
Class of Stock       Rate       Date       Date
Common Stock $0.20 6/10/14 6/24/14
 

It is estimated that of the $0.20 per share to be paid on June 24, 2014, $0.04 will be taxable as ordinary income and $0.16 will be taxable as long-term capital gain. The above information should not be used for tax purposes. After the end of the year, stockholders will be informed of the taxable status of all distributions made in 2014.

Source: Central Securities Corporation



This article appears in: News Headlines

Referenced Stocks: CET


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