CEF dividend

Discussion of the Gold portion of the Permanent Portfolio

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dualstow
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CEF dividend

Post by dualstow »

I haven't owned CEF for very long, and I just saw this in transaction history:

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DIV OF $xx.yz PENDING REINVESTMENT
Anyone else get this?
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drumminj
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Re: CEF dividend

Post by drumminj »

I got notice of a dividend as well. Don't recall getting these in the past (held CEF for many many years now), but my memory is also quite poor on such things :)
Libertarian666
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Re: CEF dividend

Post by Libertarian666 »

Yes, they pay 1 cent/share every year.

I'm not sure why they do that, but it is probably some legal requirement they have.
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