Business Wire | May 19, 2021 04:10PM EDT

Central Securities Corporation Declares Dividend

May 19, 2021

NEW YORK--(BUSINESS WIRE)--May 19, 2021--The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend:

Record Payment

Class of Stock Rate Date Date

Common Stock $0.20 6/14/21 6/25/21

Of the $0.20 per share to be paid on June 25, 2021, $0.05 is expected to be taxable as ordinary income and $0.15 is expected to be taxable as long-term capital gain. The final tax breakdown of all amounts paid during 2021 will be available after year end.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210519005861/en/

CONTACT: Central Securities Corporation Marlene A. Krumholz, Secretary 212-698-2020