The Chile Fund, Inc. Announces Record Date and Payment Date for Quarterly Distribution
December 15 2009 - 4:08PM
PR Newswire (US)
PHILADELPHIA, Dec. 15 /PRNewswire-FirstCall/ -- The Chile Fund,
Inc. (NYSE AMEX: CH) (the "Fund"), a closed-end equity fund,
announced today that it will pay a quarterly distribution of US 36
cents per share on January 15, 2010 to all shareholders of record
as of December 22, 2009 (ex-dividend date December 18, 2009). The
Fund has a managed distribution policy of paying quarterly
distributions at an annual rate, set once a year, that is a
percentage of the average of the Fund's prior four calendar quarter
end net asset values. In June 2009, the Board of Directors
determined that the initial percentage shall be 10% for the 12
months commencing with the distribution payable in July 2009. This
policy will be subject to regular review by the Fund's Board of
Directors. The distributions will be made from current income,
supplemented by realized capital gains and, to the extent
necessary, paid-in capital. For the 12 months to November 30, 2009,
the Fund has paid total distributions amounting to US $1.43 per
share. The composition of distributions paid by the Fund since the
beginning of the Fund's fiscal year, January 1, 2009, will be
estimated through the payment date, and announced at the time of
payment of the distribution. The Fund is managed and advised by
Aberdeen Asset Management Investment Services Limited. The Fund's
shares trade on the NYSE AMEX under the symbol "CH". If you wish to
receive this information electronically, please contact
www.aberdeench.com DATASOURCE: The Chile Fund, Inc. CONTACT:
Investor Relations for Aberdeen Asset Management, 1-866-839-5205
Web Site: http://www.aberdeench.com/
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