Central Securities Co. (NYSE:CET – Get Free Report) declared a semi-annual dividend on Tuesday, November 5th,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 2.05 per share on Friday, December 20th. This represents a yield of 1.3%. The ex-dividend date is Friday, November 15th. This is a positive change from Central Securities’s previous semi-annual dividend of $0.20.
Central Securities has increased its dividend payment by an average of 2.9% annually over the last three years.
Central Securities Stock Performance
Shares of Central Securities stock traded down $0.02 during midday trading on Thursday, reaching $49.08. The company had a trading volume of 15,586 shares, compared to its average volume of 30,829. Central Securities has a 1-year low of $35.58 and a 1-year high of $49.51. The stock has a fifty day simple moving average of $46.29 and a 200 day simple moving average of $44.38.
Insider Buying and Selling
About Central Securities
Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.
Further Reading
- Five stocks we like better than Central Securities
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- Energy and Oil Stocks Explained
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
- What is the FTSE 100 index?
- Can CAVA Stock Be the Next Chipotle? Earnings Can Help
Receive News & Ratings for Central Securities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Securities and related companies with MarketBeat.com's FREE daily email newsletter.