BALTIMORE, Jan. 8, 2015 /PRNewswire/ -- The Board of Directors of Petroleum & Resources Corporation (NYSE: PEO) declared a dividend of $0.10 per share, payable March 2, 2015, to shareholders of record February 12, 2015, consisting of $0.02 net investment income and $0.06 long-term capital gain realized in 2014, and $0.02 net investment income realized in 2015.
About Petroleum & Resources
Based in Baltimore, Petroleum & Resources Corporation is a publicly-traded equity investment fund for investors who seek a broadly diversified exposure to the energy and natural resources sectors. Internally-managed, the Fund has been trading on the New York Stock Exchange since 1929 and has paid dividends continuously since 1934.
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SOURCE Petroleum & Resources Corporation