Liberty All-Star Equity Fund (NYSE:USA) Increases Dividend to $0.18 Per Share

Liberty All-Star Equity Fund (NYSE:USA) announced a quarterly dividend on Monday, January 12th. Shareholders of record on Thursday, January 22nd will be given a dividend of 0.18 per share by the closed-end fund on Monday, March 9th. This represents a c) dividend on an annualized basis and a yield of 11.3%. The ex-dividend date is Thursday, January 22nd. This is a 5.9% increase from Liberty All-Star Equity Fund’s previous quarterly dividend of $0.17.

Liberty All-Star Equity Fund Stock Down 0.5%

Shares of USA traded down $0.04 during mid-day trading on Tuesday, hitting $6.37. 1,194,866 shares of the company’s stock were exchanged, compared to its average volume of 1,125,671. Liberty All-Star Equity Fund has a 52 week low of $5.64 and a 52 week high of $7.34. The stock’s 50-day simple moving average is $6.19 and its 200-day simple moving average is $6.41.

About Liberty All-Star Equity Fund

Liberty All-Star Equity Fund (NYSE: USA) is a closed-end management investment company that seeks long-term capital appreciation through an actively managed portfolio of equity securities. Listed on the New York Stock Exchange since its inception, the fund offers investors access to both U.S. and international markets within a single vehicle. It is designed to appeal to those seeking a diversified equity strategy combined with the liquidity of an exchange-traded security.

The fund’s investment approach centers on a diversified mix of common stocks and American Depositary Receipts (ADRs), spanning large-cap, mid-cap and small-cap issuers.