COLUMBUS, Ohio, Aug. 17 /PRNewswire-FirstCall/ -- Diamond Hill
Financial Trends Fund, Inc. (Nasdaq: DHFT) announced today that the
fund will pay an income dividend as follows:
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Dividend per Share:
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$0.0478
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Declaration Date:
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August 17, 2010
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Record Date:
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August 27, 2010
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Payable Date:
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September 3, 2010
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At this time there will not be a capital gain distribution as
the Fund has accumulated realized losses of approximately
$6,000,000 as of December 31, 2009.
About the Fund:
Diamond Hill Financial Trends Fund, Inc. is a diversified,
closed-end fund. The Fund seeks long-term capital
appreciation with current income as a secondary objective by
investing between 80% and 115% of its assets long and sell short
between 0% and 25% of its assets in stocks of U.S. financial
services companies of any size.
About Diamond Hill:
Diamond Hill provides investment
management services to institutions and financial intermediaries
seeking to preserve and build capital. The firm currently manages
mutual funds, separate accounts and private investment funds.
For more information on Diamond Hill, visit
www.diamond-hill.com.
SOURCE Diamond Hill Financial Trends Fund, Inc.
Copyright . 17 PR Newswire