| Previous Close | 13.94 |
| Open | 13.85 |
| Bid | 12.02 x 1000 |
| Ask | 13.78 x 1400 |
| Day's Range | 13.72 - 13.83 |
| 52 Week Range | 11.27 - 19.33 |
| Volume | 12,561 |
| Avg. Volume | 14,690 |
| Market Cap | 222.87M |
| Beta (3Y Monthly) | 1.20 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.17 (1.18%) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
The European Equity Fund, Inc. and The New Germany Fund, Inc. announced today that its Board of Directors declared the distributions set forth below.
The European Equity Fund, Inc. (EEA), and The New Germany Fund, Inc. (GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that the Annual Meeting of Stockholders for each Fund will be held at 10:00 a.m., Eastern time on June 20, 2019 at the offices of DWS Investment Management Americas, Inc., 345 Park Avenue, New York, New York 10154. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks.
The Central and Eastern Europe Fund, Inc. , The New Germany Fund, Inc. and The European Equity Fund, Inc. each announced today that its Board of Directors declared the distributions set forth below.
The Central and Eastern Europe Fund, Inc. (CEE), The European Equity Fund, Inc. (EEA), and The New Germany Fund, Inc. (GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting EEA, GF and CEE to repurchase up to 791,000, 1,595,000 and 694,000 shares, respectively (representing approximately 10% of each Fund’s current shares outstanding), for the twelve month period from August 1, 2018 through July 31, 2019. Any fund that focuses in a particular segment of the market or region of the world will generally be more volatile than a fund that invests more broadly.
The New Germany Fund, Inc. (GF) (the “Fund”) announced today that its Board of Directors approved a change of the benchmark index for the Fund, effective September 1, 2018, from the Deutsche Börse Midcap Market Index to a custom blend of the German Mid Cap index (the “MDAX Index”), 80% weight, and the German Small Cap index (the “SDAX Index”), 20% weight. The MDAX Index will be comprised of 60 mid-cap German companies from all industries that rank directly below DAX® equities in terms of market capitalization and exchange turnover.
The Central and Eastern Europe Fund, Inc. (CEE), The European Equity Fund, Inc. (EEA), and The New Germany Fund, Inc. (GF) (each, a “Fund,” and, collectively, the “Funds”) announced today the results of their Joint Annual Meeting of Stockholders held on June 22, 2018. With respect to CEE, each of the two Class III Directors nominated by the Board of Directors, Dr. Wolfgang Leoni and Mr. Christian H. Strenger, was elected to serve for a term of three years and until his respective successor is elected and qualifies. With respect to EEA, each of the two Class I Directors nominated by the Board of Directors, Dr. Wilhelm Bender and Mr. Walter C. Dostmann, was elected to serve for a term of three years and until his successor is elected and qualifies.