Central Securities Corporation Declares Year-End Distribution
The company expects $1.39 per share to be taxable as ordinary income and $1.61 as long-term capital gain.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
The dividend is payable December 18, 2026 to stockholders of record on November 16, 2026. The distribution will be paid in additional shares of stock unless stockholders elect to receive the distribution in cash. The cut-off date for election of cash is December 2, 2026 (the “Cut-Off Date”). Stockholders who own shares in brokerage accounts should make the election with their broker.
The number of additional shares to which a stockholder will be entitled if he receives the distribution in stock will be computed as follows:
The number of shares held of record on November 16, 2026 will be multiplied by
The Market Value will be the arithmetic average of the daily volume weighted average price (“VWAP”) of the Corporation’s Common Stock for each of the last three trading days ending on, and including, the Cut-Off Date, rounded to two decimal places.
Of the
View source version on businesswire.com: https://www.businesswire.com/news/home/20261104387907/en/
Central Securities Corporation
Marlene A. Krumholz, Secretary
(212) 698-2020
Source: Central Securities Corporation