Neuberger Berman High Yield Strateges Fd Announces Monthly Dividend of $0.07 (NHS)
Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS) announced a monthly dividend on Friday, December 1st, Wall Street Journal reports. Investors of record on Friday, December 15th will be given a dividend of 0.0725 per share by the investment management company on Friday, December 29th. This represents a $0.87 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date of this dividend is Thursday, December 14th.
Shares of Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN NHS) traded up $0.04 during trading on Friday, reaching $11.73. 27,200 shares of the company’s stock were exchanged, compared to its average volume of 56,436. Neuberger Berman High Yield Strateges Fd has a fifty-two week low of $11.24 and a fifty-two week high of $12.35.
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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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