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Central Securities Corporation Stock Price, News & Analysis

CET NYSE

Welcome to our dedicated page for Central Securities Corporation news (Ticker: CET), a resource for investors and traders seeking the latest updates and insights on Central Securities Corporation stock.

Central Securities Corporation (CET) is a non-diversified closed-end investment company focused on achieving long-term capital growth through strategic allocations in equities, fixed-income securities, and alternative assets. This dedicated news hub provides investors and financial professionals with timely updates on corporate developments, portfolio strategies, and market positioning.

Access authoritative coverage of CET's latest earnings reports, strategic investments, and regulatory filings in one centralized location. The curated news collection enables stakeholders to track the company's performance across market cycles while maintaining perspective on its core investment philosophy.

Key updates include dividend announcements, portfolio rebalancing decisions, leadership changes, and analyses of significant asset acquisitions. Each release is vetted for relevance to CET's operational framework and long-term growth objectives.

Bookmark this page for direct access to primary source materials and expert commentary on CET's market activities. Regular monitoring of these updates provides critical insights for evaluating the company's position within the closed-end fund sector.

Rhea-AI Summary

The Board of Directors of Central Securities (NYSE American: CET) has announced a dividend for common stockholders. The declared dividend is $0.20 per share, with a record date of June 14, 2024, and a payment date of June 26, 2024.

Of this dividend, $0.08 per share will be taxable as ordinary income, while $0.12 per share will be taxable as a long-term capital gain. The final tax breakdown for all amounts paid in 2024 will be available after the year-end. For more details, visit businesswire.com.

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Rhea-AI Summary

Central Securities Corporation (NYSE American: CET) released its Annual Report for the year ending December 31, 2022. The report indicates a decline in net assets to $1,132,835,676 from $1,332,590,581 in 2021. Additionally, the net assets per common share dropped to $40.48 from $48.87, highlighting a significant decrease. Shares outstanding increased to 27,988,252, compared to 27,266,384 the previous year, potentially indicating shareholder dilution. This performance raises questions about the company's future outlook amidst these financial declines.

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FAQ

What is the current stock price of Central Securities Corporation (CET)?

The current stock price of Central Securities Corporation (CET) is $49.84 as of November 27, 2025.

What is the market cap of Central Securities Corporation (CET)?

The market cap of Central Securities Corporation (CET) is approximately 1.4B.
Central Securities Corporation

NYSE:CET

CET Rankings

CET Stock Data

1.44B
28.94M
41.96%
11.31%
0.08%
Asset Management
Financial Services
Link
United States
New York