Rivus Bond Fund Declares 28.75 Cent Dividend
December 10, 2009 (FinancialWire) — The Rivus Bond Fund (NYSE: BDF) has declared a dividend of $0.2875 on December 9, 2009, payable on January 19, 2010, to shareholders of record at the close of business on December 18, 2009, with a Net Asset Value and New York Stock Exchange ex-dividend date of December 16, 2009 and a comparison date of January 15, 2010.
The dividend of $0.2875 per share would indicate an annual dividend rate for the last four quarters of $1.15 per share and an annual dividend rate of $1.15 per share prospectively.
The Rivus Bond Fund is a closed-end, diversified management investment company whose primary investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities.
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