The Denali Fund Inc. Declares Dividend

Before you go, we thought you'd like these...
Before you go close icon

The Denali Fund Inc. Declares Dividend

BOULDER, Colo.--(BUSINESS WIRE)-- The Denali Fund Inc. (NYS: DNY) announced today that it has declared a dividend of $0.16362 per common share payable in cash on July 30, 2013 to holders of record on July 23, 2013. In accordance with generally accepted accounting principles ("GAAP"), the dividend will consist of approximately $0.04929 per share of ordinary income, $0.04327 per share of short-term capital gain and $0.07106 per share of long-term capital gain. The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2013 federal income tax return. The final tax character of any distribution declared in 2013 will be determined in January 2014 and reported to you on IRS Form 1099-DIV.

For more information on the Fund, please visit us on the web at

The Denali Fund Inc.
Fund Administrative Services, LLC
Brandon Krinhop, 303-449-0426

KEYWORDS:   United States  North America  Colorado


The article The Denali Fund Inc. Declares Dividend originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading