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Article: BAKER FENTRESS ANNOUNCES PARTIAL CAPITAL GAIN DISTRIBUTION
- Article from:
- PR Newswire
- Article date:
- September 10, 1993
CopyrightCOPYRIGHT 1993 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO, Sept. 10 /PRNewswire/ -- Baker, Fentress & Company (NYSE: BKF), a closed-end fund, on Sept. 9, 1993, declared a long-term capital gain distribution of its remaining undistributed 1992 realized gain in the aggregate amount of $13,916,243. On Nov. 4, 1993, the directors expect to declare a distribution from 1993 long-term capital gain.
Even though declared on different dates, both distributions will be paid on Dec. 21, 1993, to shareholders of record Nov. 30, 1993. The capital gain distribution payable Dec. 21, 1993, is being declared in two parts to satisfy the requirements of the Internal Revenue Code.
The ...