Dividend Declaration: Delaware Investments Dividend and Income Fund, Inc. Announces Dividends
June 02 2008 - 6:19PM
PR Newswire (US)
PHILADELPHIA, June 2 /PRNewswire-FirstCall/ -- Today, Delaware
Investments Dividend and Income Fund, Inc. (the "Fund"), a New York
Stock Exchange-listed closed-end fund trading under the symbol
"DDF," declares a monthly dividend of eight cents per share. This
dividend is payable June 27, 2008, to shareholders of record at the
close of business on June 13, 2008. The ex-dividend date will be
June 11, 2008. The Fund is a diversified closed-end fund. The
primary investment objective is to seek high current income;
capital appreciation is a secondary objective. The Fund seeks to
achieve its objectives by investing, under normal circumstances, at
least 65% of its total assets in income-generating equity
securities, including dividend-paying common stocks, convertible
securities, preferred stocks, and other equity-related securities.
Up to 35% of the Fund's total assets may be invested in
nonconvertible debt securities consisting primarily of high yield,
high risk corporate bonds. In addition, the Fund utilizes
leveraging techniques in an attempt to obtain a higher return for
the Fund. There is no assurance that the Fund will achieve its
investment objectives. Under the policy, the Fund is managed with a
goal of generating as much of the distribution as possible from net
investment income and short-term capital gains. The balance of the
distribution will then come from long-term capital gains to the
extent permitted and a return of capital. About Delaware
Investments: Delaware Investments, an affiliate of Lincoln
Financial Group, is a Philadelphia-based diversified asset
management firm with more than $140 billion in assets under
management as of March 31, 2008. Through a broad range of managed
accounts and portfolios, mutual funds, retirement accounts,
sub-advised funds, and other investment products, Delaware
Investments provides investment services to individual investors
and to institutional investors such as private and public pension
funds, foundations, and endowment funds. Delaware Investments is
the marketing name for Delaware Management Holdings, Inc. and its
subsidiaries. For more information on Delaware Investments, visit
the company at http://www.delawareinvestments.com/. Lincoln
Financial Group is the marketing name for Lincoln National
Corporation (NYSE:LNC) and its affiliates. For more information on
Lincoln Financial Group, visit http://www.lincolnfinancial.com/.
DATASOURCE: Delaware Investments CONTACT: Ayele Ajavon,
+1-215-255-1632, , or Laurel O'Brien, +1-215-255-1520, , both of
Delaware Investments Corporate Communications Web site:
http://www.delawareinvestments.com/
http://www.lincolnfinancial.com/
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