Salomon Brothers Global Partners Income Fund Inc. ('GDF') Announces Dividends for the Months of September, October and November
24 August 2004 - 7:54AM
PR Newswire (US)
Salomon Brothers Global Partners Income Fund Inc. ('GDF') Announces
Dividends for the Months of September, October and November 2004
and Sets New Rate of $0.10375 Per Share NEW YORK, Aug. 23
/PRNewswire-FirstCall/ -- The Board of Directors of Salomon
Brothers Global Partners Income Fund Inc., which is listed on the
New York Stock Exchange under the symbol "GDF," has declared a
dividend of $0.10375 per share. The Fund had previously paid a
dividend rate of $0.11875 per share per month since January 1994.
The dividend distribution schedules for the months of September,
October and November 2004 appear below: Ex-Dividend Record Payable
September 9/10/04 9/14/04 9/24/04 October 10/8/04 10/13/04 10/29/04
November 11/12/04 11/16/04 11/26/04 In declaring the new rate, the
Fund cited the lower investment yields available in the market due
to the prolonged period of lower interest rates. In particular, the
Fund cited the combination of the improving credit quality in the
emerging debt market over the past decade, and the more favorable
environment for US high yield issuers has caused spreads (the
difference in yields) relative to US treasuries to remain firm.
Salomon Brothers Global Partners Income Fund Inc., a
non-diversified investment management company, is managed by
Salomon Brothers Asset Management Inc, an indirect wholly owned
subsidiary of Citigroup Inc. For more information, call
1-888-777-0102 or 1-800-SALOMON. DATASOURCE: Salomon Brothers
Global Partners Income Fund Inc. CONTACT: Brenda Grandell,
Director, Closed-End Funds, Salomon Brothers Global Partners Income
Fund Inc., +1-212-291-3775
Copyright