ASA Gold and Precious Metals (NYSE: ASA) has declared a distribution of $0.02 per common share, payable on November 20, 2024, to shareholders of record as of November 13, 2024. This represents a $0.01 increase compared to last year, doubling the rate paid semi-annually since November 2018. The Company, a non-diversified, closed-end fund, has maintained uninterrupted distributions since 1959.
ASA focuses on long-term capital appreciation through investments in precious metals and minerals companies. At least 80% of its total assets are invested in related securities, bullion, or instruments. The Company employs bottom-up fundamental analysis and detailed primary research in its investment decisions. Merk Investments provides investment advisory services for ASA.
Investors should note that ASA is classified as a “passive foreign investment company” for U.S. federal income tax purposes, and shareholders with taxable accounts are advised to consult their tax advisors.
ASA Gold and Precious Metals (NYSE: ASA) a déclaré une distribution de $0.02 par action ordinaire, payable le 20 novembre 2024, aux actionnaires enregistrés au 13 novembre 2024. Cela représente une augmentation de $0.01 par rapport à l’année dernière, doublant le taux versé semestriellement depuis novembre 2018. L’entreprise, un fonds fermé non diversifié, a maintenu des distributions ininterrompues depuis 1959.
ASA se concentre sur l’appréciation du capital à long terme par le biais d’investissements dans des entreprises de métaux précieux et de minéraux. Au moins 80 % de ses actifs totaux sont investis dans des titres, des lingots ou des instruments connexes. L’entreprise utilise une analyse fondamentale de bas en haut et des recherches primaires détaillées dans ses décisions d’investissement. Merk Investments fournit des services de conseil en investissement pour ASA.
Les investisseurs doivent noter qu’ASA est classée comme une
Positive
- Doubled semi-annual distribution rate to $0.02 per share
- Uninterrupted distribution history since 1959
- Focused investment strategy in precious metals and minerals sector
- Employs detailed primary research and fundamental analysis for investment decisions
Insights
ASA Gold and Precious Metals ‘s announcement of a
The company’s focused investment strategy, with at least
Investors should note ASA’s status as a passive foreign investment company, which has important tax implications for U.S. shareholders. This complexity may require additional consideration and potentially professional advice for tax planning purposes.
Additional Insight: ASA’s investment in precious metals and minerals provides a potential safe haven for investors during economic volatility and uncertainty. However, the concentration in these sectors exposes investors to specific risks that should be carefully considered.
ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of
The Company is a non-diversified, closed-end fund that seeks long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects in, or mining of precious metals and minerals.
It is a fundamental policy of the Company that at least
The Company employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.
Investors are encouraged to visit the Company’s website for additional information, including historical and current share prices, news releases, financial statements, tax and supplemental information. The site may be found at www.asaltd.com, or you may contact the Company directly at (800) 432-3378.
Investment advisory services for the Company are provided by Merk Investments LLC (Merk), an SEC registered investment adviser. Merk provides investment advice on liquid global markets, including domestic and international equities, fixed income, commodities and currencies and their respective derivative markets.
Certain Tax Information
The Company is a “passive foreign investment company” for
View source version on businesswire.com:
Axel Merk
Chief Operating Officer
(650) 376-3135 or (800) 432-3378
info@asaltd.com
Source: ASA Gold and Precious Metals Limited
FAQ
What is the new distribution amount for ASA Gold and Precious Metals (NYSE: ASA)?
ASA Gold and Precious Metals (NYSE: ASA) has declared a distribution of $0.02 per common share, payable on November 20, 2024.
How much has ASA’s distribution increased compared to last year?
ASA’s distribution has increased by $0.01 per common share compared to last year, doubling the rate that has been paid semi-annually since November 2018.
What is the investment focus of ASA Gold and Precious Metals ?
ASA Gold and Precious Metals focuses on long-term capital appreciation through investing in companies engaged in the exploration, development, and mining of precious metals and minerals.
How long has ASA Gold and Precious Metals (NYSE: ASA) been paying distributions?
ASA Gold and Precious Metals has been paying periodic distributions on an uninterrupted basis since 1959.
ASA Gold and Precious Metals (NYSE: ASA) has declared a distribution of $0.02 per common share, payable on November 20, 2024, to shareholders of record as of November 13, 2024. This represents a $0.01 increase compared to last year, doubling the rate paid semi-annually since November 2018. The Company, a non-diversified, closed-end fund, has maintained uninterrupted distributions since 1959.
ASA focuses on long-term capital appreciation through investments in precious metals and minerals companies. At least 80% of its total assets are invested in related securities, bullion, or instruments. The Company employs bottom-up fundamental analysis and detailed primary research in its investment decisions. Merk Investments provides investment advisory services for ASA.
Investors should note that ASA is classified as a “passive foreign investment company” for U.S. federal income tax purposes, and shareholders with taxable accounts are advised to consult their tax advisors.
ASA Gold and Precious Metals (NYSE: ASA) a déclaré une distribution de $0.02 par action ordinaire, payable le 20 novembre 2024, aux actionnaires enregistrés au 13 novembre 2024. Cela représente une augmentation de $0.01 par rapport à l’année dernière, doublant le taux versé semestriellement depuis novembre 2018. L’entreprise, un fonds fermé non diversifié, a maintenu des distributions ininterrompues depuis 1959.
ASA se concentre sur l’appréciation du capital à long terme par le biais d’investissements dans des entreprises de métaux précieux et de minéraux. Au moins 80 % de ses actifs totaux sont investis dans des titres, des lingots ou des instruments connexes. L’entreprise utilise une analyse fondamentale de bas en haut et des recherches primaires détaillées dans ses décisions d’investissement. Merk Investments fournit des services de conseil en investissement pour ASA.
Les investisseurs doivent noter qu’ASA est classée comme une
Positive
- Doubled semi-annual distribution rate to $0.02 per share
- Uninterrupted distribution history since 1959
- Focused investment strategy in precious metals and minerals sector
- Employs detailed primary research and fundamental analysis for investment decisions
Insights
ASA Gold and Precious Metals ‘s announcement of a
The company’s focused investment strategy, with at least
Investors should note ASA’s status as a passive foreign investment company, which has important tax implications for U.S. shareholders. This complexity may require additional consideration and potentially professional advice for tax planning purposes.
Additional Insight: ASA’s investment in precious metals and minerals provides a potential safe haven for investors during economic volatility and uncertainty. However, the concentration in these sectors exposes investors to specific risks that should be carefully considered.
ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of
The Company is a non-diversified, closed-end fund that seeks long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects in, or mining of precious metals and minerals.
It is a fundamental policy of the Company that at least
The Company employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.
Investors are encouraged to visit the Company’s website for additional information, including historical and current share prices, news releases, financial statements, tax and supplemental information. The site may be found at www.asaltd.com, or you may contact the Company directly at (800) 432-3378.
Investment advisory services for the Company are provided by Merk Investments LLC (Merk), an SEC registered investment adviser. Merk provides investment advice on liquid global markets, including domestic and international equities, fixed income, commodities and currencies and their respective derivative markets.
Certain Tax Information
The Company is a “passive foreign investment company” for
View source version on businesswire.com:
Axel Merk
Chief Operating Officer
(650) 376-3135 or (800) 432-3378
info@asaltd.com
Source: ASA Gold and Precious Metals Limited
FAQ
What is the new distribution amount for ASA Gold and Precious Metals (NYSE: ASA)?
ASA Gold and Precious Metals (NYSE: ASA) has declared a distribution of $0.02 per common share, payable on November 20, 2024.
How much has ASA’s distribution increased compared to last year?
ASA’s distribution has increased by $0.01 per common share compared to last year, doubling the rate that has been paid semi-annually since November 2018.
What is the investment focus of ASA Gold and Precious Metals ?
ASA Gold and Precious Metals focuses on long-term capital appreciation through investing in companies engaged in the exploration, development, and mining of precious metals and minerals.
How long has ASA Gold and Precious Metals (NYSE: ASA) been paying distributions?
ASA Gold and Precious Metals has been paying periodic distributions on an uninterrupted basis since 1959.
