Global Dividend Growers Income Fund Announces First Quarter 2015 Distributions, Payable on February 13, 2015, March 13, 2015 and April 15, 2015, Respectively
January 20, 2015 at 09:00 am EST
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Middlefield Group announce that distributions of $0.055 per Trust unit for the first quarter of 2015 will be payable to unit holders of Global Dividend Growers Income Fund as follows: record dates are January 31, 2015, February 28, 2015 and March 31, 2015, respectively and the payable dates are February 13, 2015, March 13, 2015 and April 15, 2015, respectively.
Global Dividend Growers Income Fund (the Fund) is a closed-end investment fund. The investment objectives of the Fund are to provide unitholders with stable monthly cash distributions and to grow distributions over time and enhance long-term total return through capital appreciation of the Fund's investment portfolio. The Fund invests approximately 30% and till approximately 70% of its assets in an equally weighted passively managed diversified portfolio consisting of the equity securities of publicly listed issuers by market capitalization globally, which have exhibited cumulative dividend growth of approximately 10% over the five-year period ending on the date prior to the date of re-balancing, as well as an indicated dividend yield of approximately 3%. The Fund invests in a range of sectors, such as technology, utilities, consumer discretionary, financials, healthcare, communication services, consumer staples, and industrials. Middlefield Limited is the manager of the Fund.
Global Dividend Growers Income Fund Announces First Quarter 2015 Distributions, Payable on February 13, 2015, March 13, 2015 and April 15, 2015, Respectively