Central Securities Corporation Declares Dividend
Central Securities Corporation
New York, May 18, 2005 - The Board of Directors of Central Securities Corporation (AMEX: CET), a closed-end investment company, today declared the following dividend:
| Class of Stock |
Rate |
Record Date |
Payment Date |
| Common Stock |
$.20 |
06/07/05 |
06/24/05 |
It is ESTIMATED that of the $0.20 per share to be paid on June 24, 2005, approximately $0.03 will be taxable as ordinary income and approximately $0.17 will be taxable as long-term capital gain.
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