The Central and Eastern Europe Fund, Inc. (NYSE:CEE) Plans Annual Dividend of $0.35

The Central and Eastern Europe Fund, Inc. (NYSE:CEE) announced an annual dividend on Thursday, December 19th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.3532 per share by the closed-end fund on Friday, January 31st. This represents a yield of 3.2%. The ex-dividend date is Monday, December 30th.

The Central and Eastern Europe Fund has decreased its dividend by an average of 26.5% per year over the last three years.

The Central and Eastern Europe Fund Stock Performance

NYSE:CEE traded down $0.12 during mid-day trading on Thursday, hitting $11.48. 9,630 shares of the stock were exchanged, compared to its average volume of 19,262. The firm’s 50-day simple moving average is $11.46 and its 200 day simple moving average is $10.85. The Central and Eastern Europe Fund has a fifty-two week low of $9.11 and a fifty-two week high of $13.36.

About The Central and Eastern Europe Fund

The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.