FEB 14·Simply Wall StreetMed
Central Securities Corp. (NYSEMKT:CET) Is About To Go Ex-Dividend, And It Pays A 5.7% Yield
Central Securities Corp. (NYSEMKT:CET) is nearing its ex-dividend date, offering a 5.7% yield with a US$1.50 per share payout. Despite the attractive yield and historical dividend growth, the company operated at a loss last year, raising concerns about the sustainability of its dividend payments. Investors are advised to monitor the company's financial health closely due to its current unprofitability.