Deutsche High Income Opportunitis Fd Inc (DHG) Raises Dividend to $0.07 Per Share
Deutsche High Income Opportunitis Fd Inc (NYSE:DHG) announced a monthly dividend on Monday, June 12th, Wall Street Journal reports. Investors of record on Monday, June 19th will be paid a dividend of 0.069 per share by the real estate investment trust on Friday, June 30th. This represents a $0.83 annualized dividend and a dividend yield of 5.54%. The ex-dividend date of this dividend is Thursday, June 15th. This is a boost from Deutsche Highome Opportunitis Fd’s previous monthly dividend of $0.07.
Deutsche Highome Opportunitis Fd has decreased its dividend by an average of 12.9% annually over the last three years.
Shares of Deutsche Highome Opportunitis Fd (NYSE DHG) traded up 0.13% during mid-day trading on Monday, hitting $14.94. The company had a trading volume of 11,037 shares. Deutsche Highome Opportunitis Fd has a 1-year low of $13.07 and a 1-year high of $15.00. The company’s market capitalization is $226.80 million. The company has a 50-day moving average price of $14.82 and a 200-day moving average price of $14.60.
In other Deutsche Highome Opportunitis Fd news, major shareholder Saba Capital Management, L.P. sold 20,797 shares of the stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $14.85, for a total transaction of $308,835.45. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders sold 198,255 shares of company stock worth $2,913,433.
About Deutsche Highome Opportunitis Fd
Deutsche High Income Opportunities Fund, Inc (the Fund) is a closed-end, diversified management investment company. Its investment objective is to seek high current income with a secondary objective of total return. It pursues its investment objective by investing primarily in securities designed to generate income, with the potential for capital appreciation being a secondary consideration.
Receive News & Ratings for Deutsche High Income Opportunitis Fd Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche High Income Opportunitis Fd Inc and related companies with MarketBeat.com's FREE daily email newsletter.