Central Securities Corporation Declares Year-End Distribution
Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared a distribution of $1.65 per share on its Common Stock.
- Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared a distribution of $1.65 per share on its Common Stock.
- 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 5, 2023 (the “Cut-Off Date”).
- Tax treatment will be the same whether the distribution is received in stock or cash.