Central Securities Corp (CET) has declared a dividend of $2.45 per share, payable to shareholders of record. This marks an 880.0% increase from the prior dividend of $0.25 per share.
The ex-dividend date is set for November 13, 2025, meaning investors must own shares before this date to qualify for the dividend. The payment date is scheduled for December 18, 2025.
With a current dividend yield of 20.34%, Central Securities Corp provides quarterly payments to its shareholders. The significant increase in the dividend reflects management's confidence in the company's financial position and commitment to returning capital to investors.
Central Securities Corp operates as a non-diversified, closed-end management investment company based in New York City. The firm primarily invests in equity securities, with a focus on long-term capital growth. Its portfolio spans various sectors, including insurance, technology, healthcare, and real estate. As of November 8, 2025, the company has a market capitalization of $1.5 billion, a P/E ratio of 6.64, and an EPS of 7.88. Upcoming earnings are expected on February 10, 2026, and July 23, 2026.
Dividend announcements provide insight into a company's cash flow generation and capital allocation strategy. Investors should consider the company's dividend history and overall financial health when evaluating the sustainability of these payments.