Neuberger Berman High Yield Strateges Fd (NHS) Plans $0.07 Monthly Dividend
Neuberger Berman High Yield Strateges Fd (NYSE:NHS) declared a monthly dividend on Monday, July 3rd, Wall Street Journal reports. Stockholders of record on Monday, July 17th will be given a dividend of 0.0725 per share by the investment management company on Monday, July 31st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.33%. The ex-dividend date of this dividend is Thursday, July 13th.
Neuberger Berman High Yield Strateges Fd has decreased its dividend by an average of 3.9% per year over the last three years.
Neuberger Berman High Yield Strateges Fd (NHS) traded down 0.17% during trading on Monday, hitting $11.87. 52,237 shares of the stock were exchanged. Neuberger Berman High Yield Strateges Fd has a 12 month low of $10.67 and a 12 month high of $12.20. The stock’s 50 day moving average price is $11.91 and its 200 day moving average price is $11.87.
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Neuberger Berman High Yield Strateges Fd Company Profile
Neuberger Berman High Yield Strategies Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks total return (income plus capital appreciation). The Fund normally invests at least 80% of its total assets in high yield debt securities of the United States and foreign issuers, which include securities that are rated below investment grade by a rating agency or are unrated debt securities determined to be of comparable quality by the Fund’s investment manager.
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