NEW YORK--(BUSINESS WIRE)--The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend:
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|
|
Record |
|
Payment |
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Class of Stock |
Rate |
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Date |
|
Date |
|
Common Stock |
$0.20 |
|
6/15/20 |
|
6/26/20 |
Of the $0.20 per share to be paid on June 26, 2020, $0.10 is expected to be taxable as ordinary income (which includes $0.053 of short-term capital gain) and $0.10 is expected to be taxable as long-term capital gain. The final tax breakdown of all amounts paid during 2020 will be available after year end.