Petroleum & Resources Corporation Declares Dividend
BALTIMORE, Jan. 14 /PRNewswire-FirstCall/ -- The Board of Directors of Petroleum & Resources Corporation (NYSE: PEO) declared a dividend of $0.10 per share, payable March 1, 2010, to stockholders of record February 12, 2010, consisting of $0.01 investment income, $0.05 short-term capital gain, and $0.02 long-term capital gain, all realized in 2009, and $0.02 investment income realized in 2010.
Petroleum & Resources Corporation is a Baltimore-based closed-end investment company. Its stock trades on the New York Stock Exchange under the ticker symbol PEO.
For further information please contact: |
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Lawrence L. Hooper, Jr., Vice President, General Counsel and Secretary |
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410-752-5900 or 800-638-2479 |
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E-mail: [email protected] |
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Website: www.peteres.com |
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SOURCE Petroleum & Resources Corporation
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