Central Securities Corp. (CET)
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Central Securities Corporation Releases Report to Stockholders
2021-11-08 16:15NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the nine months ended September 30, 2021. Figures as of September 30, 2021 compared with those of one year ago, are as follows: September 30, September 30, 2021 2020 Net assets per common share $50.31 $35.78 Net assets $1,320,425,332 $921,973,718 Shares outstanding 26,243,903 25,771,137 Additional details are available
Central Securities Corporation Declares Year-End Distribution
2021-11-03 16:15NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared a distribution of $3.55 per share on its Common Stock. The dividend is payable December 22, 2021 to stockholders of record November 15, 2021. The distribution will be paid in additional shares of stock unless stockholders elect to receive the distribution in cash. The cut-off date for election of cash is December 2, 2021 (the “Cut-Off Date”). Stockholders who own their
CET: Solid Fund Available At A 16% Discount
2021-10-26 04:10CET is one of the oldest US closed-end funds with an inception date in 1929. The fund has low expenses and an outstanding 25-year performance record.
SPE: Deep Discount, Attractive 8.3%+ Distribution And Appealing Portfolio
2021-08-08 05:05SPE: Deep Discount, Attractive 8.3%+ Distribution And Appealing Portfolio
Central Securities Corporation Releases Report to Stockholders
2021-08-06 16:03NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the six months ended June 30, 2021. Figures as of June 30, 2021 compared with those of one year ago, are as follows: June 30, June 30, 2021 2020 Net assets per common share $50.17 $35.23 Net assets $1,316,660,037 $908,358,668 Shares outstanding 26,243,903 25,787,110 Additional details are available at www.centralsecu
John C. Hill Elected Chief Executive Officer of Central Securities Corporation Effective January 1, 2022; Wilmot Kidd to Continue as Chairman
2021-05-19 16:20NEW YORK--(BUSINESS WIRE)--At a Board of Directors meeting today, Wilmot H. Kidd announced that he will step down as Chief Executive Officer of Central Securities Corporation (NYSE American: CET) (the “Corporation”) as of December 31, 2021. He will continue to serve the Corporation as Chairman of the Board of Directors. Mr. Kidd expressed his appreciation for the support of his dedicated board and staff during his long tenure with the Corporation. Mr. Kidd joined Central as a director in 1972 a
Central Securities Corporation Declares Dividend
2021-05-19 16:10NEW YORK--(BUSINESS WIRE)--The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend: Record Payment Class of Stock Rate Date Date Common Stock $0.20 6/14/21 6/25/21 Of the $0.20 per share to be paid on June 25, 2021, $0.05 is expected to be taxable as ordinary income and $0.15 is expected to be taxable as long-term capital gain. The final tax breakdown of all amou
Central Securities Corporation Releases Report to Stockholders
2021-04-28 16:10NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the three months ended March 31, 2021. Figures as of March 31, 2021 compared with those of one year ago, are as follows: March 31, March 31, 2021 2020 Net assets per common share $44.99 $31.55 Net assets $1,180,829,973 $813,963,233 Shares outstanding 26,243,903 25,798,210 Additional details are availa
Evaluating CEFs: CET Turning Capital Gains Into Income
2021-04-28 08:40CET has a current yield of around 7.7%, which is very attractive if the dividend can be sustained. I continue a series where I examine CEFs beyond the yield, with a look at CET which has been around since 1929.
Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2020
2021-02-10 16:05NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2020. Figures as of December 31, 2020, compared with those of one year ago, are as follows: December 31, December 31, 2020 2019 Net assets per common share $39.49 $38.42 Net assets $1,036,336,494 $994,595,051 Shares outstanding 26,240,403 25,889,242 Additional details are available