Business & Finance
Business and Finance
Business and Finance 
Sun, January 15, 2012
Sat, January 14, 2012
Fri, January 13, 2012
Ellsworth Fund Ltd. Declares Increased Quarterly Dividend and Announces Results of Annual Shareholders Meeting
January 13, 2012 14:37 ET
Ellsworth Fund Ltd. Declares Increased Quarterly Dividend and Announces Results of Annual Shareholders Meeting
MORRISTOWN, NJ--(Marketwire - Jan 13, 2012) - The Board of Trustees of Ellsworth Fund Ltd. (
The 6.25 cents ($0.0625) per share dividend is payable from net investment income on February 22, 2012 to shareholders of record February 8, 2012, and represents an increase of $0.0015 over the previous year's first quarter dividend.
The following actions were taken at the Annual Shareholders meeting held on Friday, January 13th: (1) two trustees were elected and (2) the selection of Tait, Weller & Baker LLP as independent auditors for the 2012 fiscal year was ratified.
Ellsworth Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests. Its shares are traded on the NYSE Amex Exchange under the ticker symbol ECF.
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