Welcome to our dedicated page for ASA Gold and Precious Metals news (Ticker: ASA), a resource for investors and traders seeking the latest updates and insights on ASA Gold and Precious Metals stock.
ASA Gold and Precious Metals Limited reports developments as a NYSE-listed, non-diversified closed-end management investment company focused on long-term capital appreciation through precious-metals and minerals exposure. The Fund invests primarily in companies involved in exploration, project development, mining or processing of gold, silver, platinum, diamonds and other precious minerals, and may also hold bullion, instruments linked to precious metals, exchange traded funds or similar securities.
Recurring ASA news includes distribution declarations, share repurchase authorizations tied to discounts to net asset value, investment advisory arrangements with Merk Investments LLC, annual and special shareholder meeting results, board composition, audit committee matters, and other closed-end fund governance developments.
ASA Gold and Precious Metals Limited (NYSE: ASA) has appointed Mr. Alexander (Axel) G. Merk as a Director, effective until the 2023 Annual General Meeting. Mr. Merk is the founder and Chief Investment Officer of Merk Investments LLC, which advises the Company. Additionally, ASA declared a distribution of $0.01 per common share, payable on November 23, 2022, to shareholders of record as of November 14, 2022, from undistributed realized gains due to low dividend levels from holdings. The Company maintains a policy of investing at least 80% of its assets in precious metals-related securities.
ASA Gold and Precious Metals Limited (NYSE: ASA) has announced a distribution of $0.01 per common share, payable on May 19, 2022, to shareholders of record as of May 9, 2022. This distribution comes from undistributed realized gains due to low dividends received from their portfolio. The company has maintained uninterrupted distributions since 1959. Shareholders re-elected directors at the annual meeting on March 24, 2022, and approved the appointment of Tait, Weller & Baker LLP as independent auditors for the fiscal year ending November 30, 2022.
ASA Gold and Precious Metals Limited (NYSE: ASA) has announced a distribution of $0.01 per common share, payable on November 24, 2021, to shareholders of record by November 15, 2021. This distribution will be funded from undistributed realized gains due to a low level of dividends received by the portfolio. The Company has maintained uninterrupted distributions since 1959, focusing primarily on long-term capital appreciation through investments in precious metals and related companies, with a fundamental policy of investing at least 80% of its total assets in relevant sectors.
ASA Gold and Precious Metals Limited (NYSE: ASA) has declared a $0.01 per common share distribution, payable on May 21, 2021, to shareholders of record as of May 20, 2021. This distribution is sourced from undistributed realized gains due to a low level of dividends received. The Company has maintained uninterrupted distributions since 1959. Additionally, the annual general meeting held on March 19, 2021, resulted in the re-election of directors and the confirmation of Tait, Weller & Baker LLP as the independent auditors for the fiscal year ending November 30, 2021.
ASA Gold and Precious Metals Limited (NYSE: ASA) announced a distribution of $0.01 per common share, payable on November 25, 2020, to shareholders on record as of November 16, 2020. This distribution is sourced from accumulated undistributed net investment income due to low dividends from the portfolio, raising concerns about future sustainability. The company has maintained uninterrupted distributions since 1959. Additionally, Merk Investments LLC will waive part of its advisory fee starting December 1, 2020, equal to 0.05% on net assets exceeding $300 million and 0.10% on those over $500 million.