[May 20, 2020]

Central Securities Corporation Declares Dividend

The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend:

Of the $0.20 per share to be paid on June 26, 2020, $0.10 is expected to be taxable as ordinary income (which includes $0.053 of short-term capital gain) and $0.10 is expected to be taxable as long-term capital gain. The final tax breakdown of all amounts paid during 2020 will be available after year end.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200520005763/en/

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