Herzfeld Credit shares surge 14.09% after-hours after board approves dividend reinvestment policy change.

Herzfeld Credit Income Fund (HERZ) surged 14.09% in after-hours trading following its announcement that the board approved a change in its Dividend Reinvestment Policy. The update, disclosed on July 16, 2025, by Yahoo Finance and GlobeNewswire, likely enhanced investor confidence by adjusting how shareholders can reinvest dividends, potentially improving liquidity or aligning with market demands. While other news items referenced the Herzfeld Caribbean Basin Fund (CUBA), none directly pertained to HERZ’s recent performance. The significant after-hours jump aligns with the timing and nature of the dividend policy announcement, suggesting the market viewed the change favorably.