New Germany Fund Announces Distribution
Germany Funds
New York, December 14, 2005 -- The New Germany Fund, Inc. (GF) announced today that its Board of Directors declared an ordinary income dividend of $0.41 per share payable, in stock (valued at the New York Stock exchange closing price on the payable date) with an option to receive cash.
The record date is December 22, 2005 and the payable date will be December 30, 2005. The shares will trade "ex-dividend" on December 20, 2005.
The New Germany Fund, Inc. is a non-diversified, closed-end investment company seeking capital appreciation primarily through investment in the Mittelstand - an important group of small and mid-cap German companies. The Fund may invest up to 35% of its assets in large cap German companies, and up to 20% in other Western European companies. Its shares are listed on the New York Stock Exchange under the symbol "GF".
View more information on Germany Funds or other Closed-End Funds.
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