Central Securities Corporation (CET)
| Market Cap | 1.40B |
| Revenue (ttm) | 23.70M |
| Net Income (ttm) | 287.97M |
| Shares Out | 28.94M |
| EPS (ttm) | 9.95 |
| PE Ratio | 4.85 |
| Forward PE | n/a |
| Dividend | $2.25 (4.66%) |
| Ex-Dividend Date | Jun 17, 2025 |
| Volume | 7,352 |
| Open | 48.36 |
| Previous Close | 48.20 |
| Day's Range | 48.03 - 48.36 |
| 52-Week Range | 40.24 - 49.51 |
| Beta | 0.74 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About CET
Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York City. [Read more]
Financial Performance
In 2024, Central Securities's revenue was $23.70 million, an increase of 11.75% compared to the previous year's $21.21 million. Earnings were $287.97 million, an increase of 28.77%.
Financial StatementsNews
2 Picks For Monthly Distributions And Participating With Activists
Closed-end funds offer unique opportunities due to the structure, which allows for the share price to swing wildly different from the underlying portfolio value. There are activist groups that specifi...
Central Securities Corporation Declares Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend: Ex- and Record ...
5 Best CEFs This Month For Yields Up To 14% (May 2025)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs, are general...
CET: Excellent Record, 17% Discount, But Yields Less Than 6%
Central Securities Corporation is a closed-end fund with a concentrated portfolio, no leverage, and a focus on long-term capital appreciation. CET's semi-annual distributions are variable and primaril...
Central Securities Corporation Releases Report to Stockholders
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the three months ended March 31, 2025. Fi...
5 Best CEFs This Month For Yields Up To 15% (April 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
CET: This Outperforming Fund Can Complement A Portfolio Well
Central Securities Corporation consistently outperforms the S&P 500 Total Return Index, making it a strong choice for long-term capital growth, despite its lower yield compared to peers. The fund's va...
Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2024. ...
5 Best CEFs This Month For 9% Yield (December 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
Central Securities Corporation Announces Reinvestment Price of Shares for Distribution Payable December 20, 2024
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET) announced today that the price at which Common Stock will be issued in payment of the $2.05 per share distribution payabl...
CET: This Stellar CEF Offers Outperformance And Diversification
Central Securities Corporation offers a 4.86% yield and has outperformed the S&P 500 over 30 years, making it attractive for long-term capital appreciation. The fund's portfolio is diversified, focusi...
Central Securities Corporation Declares Year-End Distribution
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared a distribution of $2.05 per share on its Common Stock. The dividend is p...
The ABCs On CEFs
Closed-end funds offer unique advantages like fixed share numbers, no redemption liquidity issues, and exposure to hard-to-access asset classes, enhancing portfolio diversification. CEFs can trade at ...
CET: A Steady Eddy That Outperforms
The Central Securities Corporation is a boring but profitable equity CEF that has outperformed the S&P 500 in the past year, with the same volatility. CET's emphasis on holding its top holdings for ex...
How These 8.3% CEFs Soared Double Digits
We're a little more than halfway through the year now, so it's a great time to check the state of play on our favorite high-yield plays: 8%+ paying closed-end funds (CEFs).
CET: Very Attractive 18% Discount, Variable Income, And Excellent Past Performance
Central Securities Corporation is a closed-end fund that primarily invests in a concentrated set of U.S. equities. The CET closed-end fund maintains a large exposure to a privately held insurance comp...
CET: Overweight Insurance Exposure Warrants Caution
Central Securities Corp outperformed the S&P 500 as an actively managed closed-end fund. The fund has benefited from a highly concentrated portfolio with an overweight exposure to the financial sector...
The Most Discounted Closed-End Funds Yielding Up To 8%
Closed-end funds (CEFs) are incredible wealth generators, combining huge (8%+, in many cases) dividends, with the potential for stock-like price gains.
5 Best CEFs This Month For 9% Plus Yield (February 2024)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or C...
Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2023
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2023. ...
5 Best CEFs This Month For 9% Yield (January 2024)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or C...
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. ...
Central Securities Corporation Offers A Portfolio For The Long Run
Central Securities Corporation is a closed-end fund that operates a highly concentrated portfolio, including a large investment in a private insurer. Organized in 1929, Central has an excellent track ...
How To Invest $1 Million In Retirement For Life-Long Income
We outline an Income Strategy for creating a self-sufficient portfolio for retirees and income-focused investors with $1 million to generate a life-long income stream. We explain the benefits of gener...
5 Best CEFs This Month For 9.5% Yield (December 2023)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or C...