NAIC Growth Fund Declares Semi-Annual Dividend
16 June 2006 - 8:13AM
PR Newswire (US)
MADISON HEIGHTS, Mich., June 15 /PRNewswire-FirstCall/ -- The board
of directors of the NAIC Growth Fund, Inc. (CHX:GRF) has declared a
dividend of $0.50 per share to shareowners of record as of June 26,
2006, payable July 6, 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 association 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 165,000
individual members, and more than 16,000 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 $27 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, Anne
Klein & Associates, +1-856-988-6560, ext. 16, , for NAIC Growth
Fund, Inc. Web site: http://www.naicgrowthfund.com/
http://www.betterinvesting.org/
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