The Chile Fund, Inc. Announces Record Date and Payment Date for Quarterly Distribution
05 September 2009 - 7:32AM
PR Newswire (US)
PHILADELPHIA, Sept. 4 /PRNewswire-FirstCall/ -- The Chile Fund,
Inc. (NYSE Amex: CH) (the "Fund"), a closed-end equity fund,
announced today that it will pay a quarterly distribution of US 35
cents per share on October 9, 2009 to all shareholders of record as
of September 15, 2009 (ex-dividend date September 11, 2009). The
Fund has a managed distribution policy of paying quarterly
distributions at an annual rate, set once a year, that is a
percentage of the average of the Fund's prior four calendar quarter
end net asset values. In June 2009, the Board of Directors
determined that the initial percentage shall be 10% for the 12
months commencing with the distribution payable in July 2009. This
policy will be subject to regular review by the Fund's Board of
Directors. The distributions will be made from current income,
supplemented by realized capital gains and, to the extent
necessary, paid-in capital. For the 12 months to August 31, 2009,
the Fund has paid total distributions amounting to US $1.28 per
share. The composition of distributions paid by the Fund since the
beginning of the Fund's fiscal year, January 1, 2009, will be
estimated through the payment date, and announced at the time of
payment of the distribution. The Fund is managed and advised by
Aberdeen Asset Management Investment Services Limited. The Fund's
shares trade on the NYSE AMEX under the symbol "CH". If you wish to
receive this information electronically, please contact
www.aberdeen-asset.us Aberdeen Asset Management Investment Services
Limited is a registered investment adviser under the Investment
Advisers Act of 1940. DATASOURCE: The Chile Fund, Inc. CONTACT:
Investor Relations of The Chile Fund, Inc., +1-866-839-5205 Web
Site: http://www.aberdeen-asset.us/
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