Aberdeen Chile Fund, Inc. Announces Record Date and Payment Date for Quarterly Distribution
December 10 2010 - 10:51AM
Business Wire
Aberdeen Chile Fund, Inc. (NYSE AMEX: CH) (the “Fund”), a
closed-end equity fund, announced today that it will pay a
quarterly distribution of US 49 cents per share on January 14, 2011
to all shareholders of record as of December 21, 2010 (ex-dividend
date December 17, 2010).
The Fund has a managed distribution policy of paying quarterly
distributions at an annual rate, set once a year, that is a
percentage of the average of the Fund’s prior four calendar quarter
end net asset values. The Board of Directors determined that the
rolling distribution rate shall be 10% for the 12 months commencing
with the distribution payable in October 2011. This policy will be
subject to regular review by the Fund’s Board of Directors. The
distributions will be made from current income, supplemented by
realized capital gains and, to the extent necessary, paid-in
capital.
For the 12 months to November 30, 2010, the Fund has paid total
distributions amounting to US $1.67 per share. The composition of
distributions paid by the Fund since the beginning of the Fund’s
fiscal year, January 1, 2010, will be estimated through the payment
date, and announced at the time of payment of the distribution.
The Fund is managed and advised by Aberdeen Asset Management
Investment Services Limited. The Fund’s shares trade on the NYSE
AMEX under the symbol “CH”.
You should not draw any conclusions about the Fund’s investment
performance from the amount of this distribution or from the terms
of the Fund’s plan.
If you wish to receive this information
electronically, please contact
InvestorRelations@aberdeen-asset.com
www.aberdeench.com
Aberdeen Asset Management Investment Services
Limited is a registered investment adviser under the Investment
Advisers Act of 1940.
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