Ellsworth Growth and Income Fund Ltd. Boosts Annual Distribution by 20%

In a significant move, Ellsworth Growth and Income Fund Ltd. has announced a 20% increase in its annual distribution, raising it to $0.76 from $0.64. This decision reflects the company’s strong financial performance and its commitment to delivering value to its shareholders. The increased distribution is a testament to the company’s ability to generate consistent returns and its focus on long-term growth. With this move, Ellsworth Growth and Income Fund Ltd. aims to attract more investors and reinforce its position in the market. The company’s investment strategy, which focuses on a mix of growth and income-generating assets, has yielded positive results, enabling it to increase its distribution. The 20% rise in annual distribution is expected to have a positive impact on the company’s stock price, making it more attractive to potential investors. Ellsworth Growth and Income Fund Ltd.’s decision to increase its annual distribution is also seen as a sign of confidence in its future prospects. The company’s management team has expressed its commitment to maintaining a strong distribution policy, ensuring that shareholders continue to benefit from the company’s success. The increased distribution will be paid out to shareholders in the coming months, providing them with a higher return on their investment. This move is expected to boost investor confidence and reinforce the company’s reputation as a reliable and profitable investment opportunity. Ellsworth Growth and Income Fund Ltd.’s annual distribution increase is also expected to have a positive impact on the overall market, as it demonstrates the company’s ability to adapt to changing market conditions and deliver strong returns. The company’s focus on growth and income generation has enabled it to navigate the challenges of the current market, and its increased distribution is a reflection of its resilience and strength. With its strong financial performance and commitment to delivering value to shareholders, Ellsworth Growth and Income Fund Ltd. is well-positioned for future growth and success. The company’s increased annual distribution is expected to attract more investors, both institutional and individual, who are looking for reliable and profitable investment opportunities. Ellsworth Growth and Income Fund Ltd.’s decision to increase its annual distribution is a significant development in the investment landscape, and it is expected to have a lasting impact on the company’s future prospects. The company’s management team has expressed its confidence in the company’s ability to continue delivering strong returns, and the increased distribution is a testament to its commitment to shareholder value. As the company continues to grow and expand its operations, it is expected to maintain its strong distribution policy, providing shareholders with a consistent and reliable source of income. With its increased annual distribution, Ellsworth Growth and Income Fund Ltd. is poised to become a leading player in the investment market, attracting more investors and reinforcing its position as a reliable and profitable investment opportunity. The company’s focus on long-term growth and its commitment to delivering value to shareholders have enabled it to build a strong reputation in the market, and its increased distribution is expected to further enhance its reputation. Ellsworth Growth and Income Fund Ltd.’s annual distribution increase is a significant development that is expected to have a lasting impact on the company’s future prospects and the overall market. The company’s ability to generate consistent returns and its focus on long-term growth have made it an attractive investment opportunity, and its increased distribution is expected to attract more investors. With its strong financial performance and commitment to delivering value to shareholders, Ellsworth Growth and Income Fund Ltd. is well-positioned for future growth and success, and its increased annual distribution is a testament to its ability to deliver strong returns.

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