The Central and Eastern Europe Fund, Inc. (NYSE:CEE – Get Free Report) announced an annual dividend on Wednesday, December 18th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be paid a dividend of 0.3532 per share by the closed-end fund on Friday, January 31st. This represents a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, December 30th.
The Central and Eastern Europe Fund has decreased its dividend by an average of 26.5% annually over the last three years.
The Central and Eastern Europe Fund Stock Performance
NYSE:CEE traded down $0.12 during trading hours on Thursday, reaching $11.48. 9,630 shares of the company were exchanged, compared to its average volume of 19,264. The stock has a 50 day simple moving average of $11.46 and a 200 day simple moving average of $10.85. The Central and Eastern Europe Fund has a 52-week low of $9.11 and a 52-week high of $13.36.
About The Central and Eastern Europe Fund
The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.
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