OCR Text |
Show Hamilton Funds Pays Quarterly Dividend The Board of Directors of Hamilton Funds, Inc. has declared a quarterly dividend of 4V4 cent per share from investment income in-come and 11- cent per share from securities profits on Scries H-C7 shares. The dividends on Series H DA shares is 3 cents per share from investment income and 12V4 cent per share from securities profits. All dividends are payable April 28, 1961, to shareholders of record April 3, 1961. This is the largest year-end dividend, in total dollar amount, ever paid to Hamilton shareholders. sharehold-ers. Approximately $1,390,000 in ordinary income and $4,700,000 in securities profits will be distributed dis-tributed to more than 168,000 shareholders. This dividend payment brings total distributions paid in the past 12 months on Series H-C7 shares to 13 Vi cent from investment invest-ment income and 11-three fouths cent from securities profits. During the same period, distributions distri-butions paid on Series H-DA shares total 12 cent from investment invest-ment income and 12 Vt cent from securities profits. In announcing Hamilton's 53rd consecutive payment to shareholders, share-holders, Hamilton President Harold Huber said that total net assets of Hamilton Funds, Inc. on March 31, 1961, totaled more than $223 million. "There is evidence that we are still some distance away from a substantial broad economic recovery," re-covery," said Huber, "but preliminary preli-minary signs of improvement are being recorded, and the longer term trend for investment securities se-curities remains favorable. We are purchasing carefully selected common stocks which we believe represent above-average values at -current prices, and which we feel show excellent promise for the future." |