RENN Fund, Inc. Announces Year-End Distribution

The RENN Fund, Inc. (AMEX: RCG) has declared a year-end income distribution of $0.022602 per share.

(Neutral)

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

Tags

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

12/17/2021 - 02:09 PM

NEW YORK--(BUSINESS WIRE)-- The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) announced today that they have declared a year-end distribution of income in the amount of $0.022602 per share, payable on December 30, 2021, to stockholders of record on December 20, 2021. The Fund will trade with due bills beginning December 17, 2021 and up through and including the last business day prior to the New York Stock Exchange established Ex-Date. The New York Stock Exchange has advised they will set December 21, 2021 as the Ex-Date.

Disclosures:

Fund shares are subject to investment risk, including possible loss of principal invested. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Additional information about the Fund, including performance and portfolio characteristics, is available at https://horizonkinetics.com/investment-strategies/renn-fund-inc-nyse-rcg/.

Horizon Kinetics Asset Management LLC is the investment adviser to the Fund. For additional information about Horizon Kinetics, please visit us at www.horizonkinetics.com.