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Article: BAKER, FENTRESS ANNOUNCES PARTIAL CAPITAL GAIN DISTRIBUTION
- Article from:
- PR Newswire
- Article date:
- September 7, 1995
CopyrightCOPYRIGHT 1995 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. 7 /PRNewswire/ -- Baker, Fentress & Company (NYSE: BKF), a closed end fund, on Sept. 7, 1995, declared a long-term capital gain distribution of its remaining undistributed 1994 realized gain in the aggregate amount of $9,482,142. On Nov. 3, 1995, the directors expect to declare a distribution from 1995 long-term capital gain.
Even though declared on different dates, both distributions will be paid on Dec. 7, 1995, to shareholders of record Nov. 15, 1995. The 1995 capital gain distribution is being declared in two parts to satisfy the requirements of the Internal Revenue Code.
The company's policy is to make calendar year ...