NAIC Growth Fund Declares Dividend
09 December 2005 - 5:03AM
PR Newswire (US)
MADISON HEIGHTS, Mich., Dec. 8 /PRNewswire/ -- The board of
directors of the NAIC Growth Fund, Inc. (CHX:GRF) has declared an
annual dividend of $0.1648 per share to shareowners of record as of
Dec. 21, 2005, payable Jan. 26, 2006. The fund, established on July
2, 1990, by the National Association of Investors Corporation, is
listed on the Chicago Stock Exchange. Following BetterInvesting's
(formerly the National Association of Investors Corporation, NAIC)
philosophy of investing, the fund's objective is long-term growth
with little regard to short-term market fluctuations. Investment
decisions are based on the principles and philosophy of
BetterInvesting: invest regularly whether the market is high or
low; reinvest earnings; buy securities of companies whose sales and
earnings are growing faster than the total economy; and invest in a
variety of industries and in different size companies.
BetterInvesting is the brand identity of the National Association
of Investors Corporation, a national, nonprofit corporation with
members consisting of investment clubs and individual investors.
Founded in 1951 and with headquarters in Madison Heights, Mich.,
BetterInvesting is considered the pioneer of the modern investment
club movement, as well as the voice of the individual investor.
BetterInvesting is dedicated to providing a sound program of
investment education and information to help its members become
successful long-term, lifetime investors. The BetterInvesting
community currently consists of nearly 200,000 individual members,
and nearly 20,000 investment clubs. On average, BetterInvesting
members add a collective $130 million of new investment capital to
their portfolios each month, and boast combined portfolio assets in
excess of $117 billion. For more information about BetterInvesting,
visit its website at http://www.betterinvesting.org/ or call
toll-free (877) 275-6242. For additional BetterInvesting data and
news releases, visit the Newsroom website at
http://www.betterinvestingnewsroom.org/. The NAIC Growth Fund, with
a net asset value of over $26 million, is a closed-end mutual fund.
Its shares are available to both NAIC members and non-members. For
more information, visit the NAIC Growth Fund, Inc. website at
http://www.naicgrowthfund.com/. DATASOURCE: NAIC Growth Fund, Inc.
CONTACT: Michael Gross of Anne Klein & Associates,
+1-856-988-6560, ext. 16, , for NAIC Growth Fund Web site:
http://www.betterinvesting.org/
http://www.betterinvestingnewsroom.org/ Web site:
http://www.naicgrowthfund.com/
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