PPR - $.0380 January Dividend
ING Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared 3.80 cents per share monthly dividend on January 31, 2013 for the 31 days of January, payable on February 25, 2013 to shareholders of record on February 11, 2013. This represents the 297th consecutive monthly dividend since the Trust’s inception in May 1988.
The following are annualized distribution rate calculations based on the declared dividend for the month, Net Asset Value (“NAV”) at month-end and the month-end NYSE composite closing price (“Market”).
| Annualized Period-end Distribution Rates | DIVIDEND | NAV | MARKET | ||||||
| January 31, 2013 | $ | .0380 | 7.43 | % | 7.05 | % | |||
| December 31, 2012 | $ | .0380 | 7.57 | % | 7.22 | % | |||
| November 30, 2012 | $ | .0370 | 7.60 | % | 7.22 | % | |||
| October 31, 2012 | $ | .0370 | 7.34 | % | 7.10 | % | |||
| September 30, 2012 | $ | .0360 | 7.38 | % | 7.10 | % | |||
| August 31, 2012 | $ | .0360 | 7.20 | % | 7.12 | % | |||
| July 31, 2012 | $ | .0350 | 7.09 | % | 7.16 | % | |||
| June 30, 2012 | $ | .0350 | 7.39 | % | 7.40 | % | |||
| May 31, 2012 | $ | .0345 | 7.06 | % | 7.38 | % | |||
| April 30, 2012 | $ | .0330 | 6.87 | % | 7.00 | % | |||
| March 31, 2012 | $ | .0330 | 6.68 | % | 6.84 | % | |||
| February 29, 2012 | $ | .0300 | 6.54 | % | 6.87 | % | |||
ING Prime Rate Trust was the first Fund to invest in a portfolio of floating rate senior bank loans. The Trust seeks to provide as high a level of current income as is consistent with the preservation of capital.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
