Liberty All-Star Growth Fund (NYSE:ASG) Raises Dividend to $0.12 Per Share

Liberty All-Star Growth Fund (NYSE:ASGGet Free Report) announced a quarterly dividend on Monday, July 6th. Stockholders of record on Thursday, July 16th will be given a dividend of 0.12 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Thursday, July 16th. This is a 9.1% increase from Liberty All-Star Growth Fund’s previous quarterly dividend of $0.11.

Liberty All-Star Growth Fund Stock Down 1.9%

Shares of NYSE ASG traded down $0.11 during midday trading on Tuesday, reaching $5.38. 55,123 shares of the stock were exchanged, compared to its average volume of 279,989. The company has a 50 day simple moving average of $5.30 and a 200 day simple moving average of $5.20. Liberty All-Star Growth Fund has a twelve month low of $4.55 and a twelve month high of $5.69.

About Liberty All-Star Growth Fund

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Liberty All-Star Growth Fund (NYSE: ASG) is a closed-end, diversified management investment company that seeks long-term capital appreciation through exposure to growth-oriented equities. The fund primarily invests in a portfolio of underlying mutual funds and exchange-traded funds managed by established sub-advisers, employing a multi-manager structure designed to capture opportunities across a range of market capitalizations and industry sectors.

Under normal market conditions, ASG allocates the majority of its assets to common stocks of companies it believes exhibit above-average growth potential.

Further Reading

Dividend History for Liberty All-Star Growth Fund (NYSE:ASG)

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