Interactive Brokers shares jump as it secures spot in S&P 500
Central Securities Corp stock reached an all-time high of $49.58, marking a significant milestone for the $1.43 billion investment company. According to InvestingPro, the stock trades with a modest P/E ratio of 6.69 and offers a dividend yield of 1.03%. This achievement reflects a robust performance, with the stock delivering a 19.68% return over the past year and a 7.25% gain year-to-date. The company has demonstrated resilience and growth, maintaining dividend payments for 53 consecutive years. The new all-time high underscores Central Securities Corp’s strong market position and the positive sentiment surrounding its future prospects. For more detailed analysis and 8 additional key insights, upgrade to InvestingPro.
In other recent news, Central Securities Corporation has announced a dividend for its common stock shareholders. The company plans to distribute a payment of $0.25 per share on June 27, 2025. Shareholders must be on record by June 17, 2025, to qualify for this dividend. The dividend consists of two taxable components: $0.04 per share as ordinary income and $0.21 per share as long-term capital gain. Central Securities will offer a comprehensive tax breakdown of all dividends paid in 2025 after the year concludes. This announcement is part of the company’s recent developments and provides important financial details for investors.
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