27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
The Eagle Capital Growth Fund, Inc. (“Fund”) (NYSE MKT:GRF) today declared a year-end cash dividend of $0.36 per share. The record date for this dividend is December 17, 2012, and the payment date is December 28, 2012.
On a preliminary basis, this dividend represents a combination of net investment income of $0.0429 per share, and long-term capital gains of $0.3171 per share. The net investment income is derived solely from “qualified” dividends for U.S. Federal income tax purposes. This preliminary information is subject to change. Shareholders will receive definitive information with respect to U.S. Federal income tax treatment in the ordinary course. In addition, shareholders can access definitive tax information by going to the Fund's website after year-end.
The Fund is a closed-end investment company that invests primarily in high quality growth companies. To learn more about the Fund, please go the Fund's website: www.eaglecapitalgrowthfund.com.
If you have a question about the year-end cash dividend or other Fund matter, please contact David C. Sims, the Fund's Chief Financial Officer and Chief Compliance Officer, at 414-765-1107, or by e-mail to: dave@simscapital.com.
Eagle Capital Growth Fund, Inc.
David C. Sims, 414-765-1107
dave@simscapital.com
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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