BALTIMORE, Jan. 10, 2013 /PRNewswire/ -- The Board of Directors of Petroleum & Resources Corporation (NYSE:PEO) declared a dividend of $0.10 per share, payable March 1, 2013, to shareholders of record February 15, 2013, consisting of $0.02 of net investment income, $0.03 short-term capital gain, and $0.04 long-term capital gain, all realized in 2012, and $0.01 net investment income realized in 2013.
About Petroleum & Resources Based in Baltimore, Petroleum & Resources Corporation is a publicly-traded equity investment fund for investors who seek a broadly diversified exposure to the energy and natural resources sectors. Internally-managed, the Fund has been trading on the New York Stock Exchange since 1929 and has paid dividends continuously since 1934.
For further information please contact: Lawrence L. Hooper, Jr., Vice President, General Counsel and Secretary410-752-5900 or 800-638-2479
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts