The New Germany Fund, Inc. Declares Distribution, Payable on June 26, 2018
May 09, 2018 at 05:00 pm EDT
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The New Germany Fund, Inc. announced that its board of directors declared the distribution of $0.7148 per share, payable on June 26, 2018. Ex-Date is May 18, 2018 and record date is May 21, 2018.
The New Germany Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The focus of the Fund's investments lies within Germany. Under normal market conditions at least 80% of the Fundâs net assets are invested in equity or equity-linked securities. The Fund invests in range of sectors, which include aerospace and defense; auto components; automobiles; banks; building products; chemicals; electrical equipment; independent power and renewable electricity producers; insurance; Internet and direct marketing retail; information technology (IT) services, life sciences tools and services; metals and mining; real estate management and development; software; textiles, apparel and luxury goods; trading companies and distributors; diversified financial services; commercial services and supplies, and others. The Fund's investment advisor is DWS International GmbH.
THE NEW GERMANY FUND, INC. 
