Central Securities Corporation Declares Year-End Distribution
CET declares $3.00/share year-end distribution, payable Dec 18, 2026 in stock unless cash elected by Dec 2; $1.39 ordinary income.
What this release says
Central Securities Corporation declared a $3.00 per share year-end distribution, payable December 18, 2026 to holders of record on November 16, 2026. By default the payment is made in additional shares, unless holders elect cash by the December 2, 2026 cut-off date. For a shareholder, the choice is between receiving more shares or cash, with the share count depending on the reinvestment price.
Key figures
- Distribution per share
- $3.00
- Record date
- November 16, 2026
- Payment date
- December 18, 2026
- Cash election cut-off
- December 2, 2026
- Expected ordinary income portion
- $1.39
- Expected long-term capital gain portion
- $1.61
Positive for shareholders
- Shareholders can take the distribution in cash if they prefer it to additional shares.
Negative for shareholders
- Reinvestment in stock uses the lower of market value or net asset value, which determines how many shares are received.
- Part of the distribution is expected to be taxed as ordinary income.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Closed-end investment company:
- A fund that issues a fixed number of shares and trades on an exchange, rather than creating and redeeming shares continuously.
- Net asset value per share:
- The value of the fund's holdings minus its liabilities, divided by the number of shares outstanding.
- Volume weighted average price (VWAP):
- The average price of a stock during a trading day, weighted by how many shares traded at each price.
- Record date:
- The date an investor must be on the company's books to receive the upcoming distribution.
FAQ
What must Central Securities stockholders do to receive the $3.00 distribution in cash?
They must elect cash by the December 2, 2026 cut-off date, and those holding through a brokerage account should make the election with their broker.
How many new shares will Central Securities stockholders receive if they take the distribution in stock?
The number of shares held on November 16, 2026 is multiplied by $3.00 and divided by the reinvestment price, which is the lower of market value or net asset value per share on the cut-off date. Cash is paid for any fractional shares.
Historical context for CET
Across the 8 sessions after earlier CET headlines, the stock closed higher 7 times and lower 1 times, with a median move of 0.4% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CET | SPY |
|---|---|---|---|
| Oct 28, 2026 | Central Securities Corporation Releases Report to Stockholders | +0.5% | +0.3% |
| Aug 3, 2026 | Central Securities Corporation Releases Report to Stockholders | +1.9% | +1.4% |
| Jun 2, 2026 | Central Securities Corporation Declares Dividend | -0.1% | +0.1% |
| Apr 29, 2026 | Central Securities Corporation Releases Report to Stockholders | +0.4% | -0.0% |
| Feb 24, 2026 | Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2025 | +1.3% | +0.7% |
| Dec 4, 2025 | Central Securities Corporation Announces Reinvestment Price of Shares for Distribution Payable December 19, 2025 | +0.3% | +0.1% |
Keep researching CET
- CET dividend historyDividends Central Securities Corporation has declared, with ex-dates and payment dates.
- What is Dividend?A distribution of a company's profits or cash to shareholders, usually paid in cash on a regular schedule after being declared by the board.
- Dividend dates explainedTo receive a dividend you must own the stock before the ex-dividend date. Under T+1 settlement the ex-date now usually falls on the record date itself.
- Dividend trackerDividends declared across the market, with ex-dates and pay dates.
- CET insider tradesEvery buy and sale reported by Central Securities Corporation officers, directors and large holders.
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Finance/Investors Services
- Listed since
- 1951
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