Diamond Hill Financial Trends Fund, Inc. Announces Dividend

Dec 09, 2010, 16:15 ET from Diamond Hill Financial Trends Fund, Inc.

COLUMBUS, Ohio, Dec. 9, 2010 /PRNewswire-FirstCall/ -- Diamond Hill Financial Trends Fund, Inc. (Nasdaq: DHFT) announced today that the fund will pay an income dividend as follows:

Dividend per Share:

$0.0400

Declaration Date:

December 9, 2010

Record Date:

December 20, 2010

Payable Date:

December 27, 2010

At this time there will not be a capital gain distribution as the Fund has utilized prior year's loss carryforward to offset current year gains.

About the Fund:

Diamond Hill Financial Trends Fund, Inc. is a diversified, closed-end fund.  The Fund seeks long-term capital appreciation with current income as a secondary objective by investing between 80% and 115% of its assets long and sell short between 0% and 25% of its assets in stocks of U.S. financial service companies of any size.  

About Diamond Hill:

Diamond Hill provides investment management services to institutions and financial intermediaries seeking to preserve and build capital. The firm currently manages mutual funds, separate accounts and private investment funds.  For more information on Diamond Hill, visit www.diamond-hill.com.

SOURCE Diamond Hill Financial Trends Fund, Inc.



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http://www.diamond-hill.com