Delaware Investments Dividend and Income Fund, Inc. Announces Dividends
03 September 2008 - 7:08AM
PR Newswire (US)
PHILADELPHIA, Sept. 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 September 26, 2008, to shareholders of record
at the close of business on September 12, 2008. The ex-dividend
date will be September 10, 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. The Fund has implemented a
managed distribution policy. 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 $135 billion in assets under
management as of June 30, 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
Corporate Communications of Delaware Investments Web site:
http://www.delawareinvestments.com/
http://www.lincolnfinancial.com/
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