|
Petroleum & Resources Corporation Announces Issue Price of Shares for Year-End Distribution Payable December 27, 2008
Petroleum & Resources Corporation
Baltimore, MD, December 8, 2008 -- The price at which Petroleum & Resources Corporation (PEO: 18.79, +0.23, +1.2%) common stock will be issued in payment of the $0.08 income dividend and $2.52 capital gain distribution to stockholders who have elected to receive the distributions in stock, payable December 27, 2008, is $18.62 per share. This price is the mean between today's high and low sales prices of the Corporation's stock on the New York Stock Exchange.
Petroleum & Resources Corporation is a Baltimore-based closed-end investment company.
View more information on Petroleum & Resources Corporation or other Closed-End Funds
|
 | ©Thomson Reuters 2011. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.TD> |
©1999-2010 Closed-End Fund Association, Inc. All Rights Reserved
 | | Powered by a SySys® data & content management system. Click here to learn more. |
|
|