Delaware Enhanced Glbl. Div. & Inc. Fund (NYSE:DEX) declared a monthly dividend on Wednesday, December 6th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.0525 per share on Friday, December 29th. This represents a $0.63 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date is Thursday, December 14th.

Delaware Enhanced Glbl. Div. & Inc. Fund has decreased its dividend by an average of 6.5% annually over the last three years.

Delaware Enhanced Glbl. Div. & Inc. Fund (DEX) traded up $0.01 during mid-day trading on Wednesday, reaching $11.95. 11,100 shares of the company’s stock were exchanged, compared to its average volume of 48,773. Delaware Enhanced Glbl. Div. & Inc. Fund has a fifty-two week low of $9.71 and a fifty-two week high of $12.04.

In related news, major shareholder Saba Capital Management, L.P. purchased 45,130 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was acquired at an average price of $11.88 per share, with a total value of $536,144.40. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

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Delaware Enhanced Glbl. Div. & Inc. Fund Company Profile

Delaware Enhanced Global Dividend and Income Fund is a diversified closed-end management investment fund. Its primary investment objective is to seek current income. Its secondary objective is capital appreciation. It invests in dividend-paying or income-generating securities across multiple asset classes, including equity securities of large companies, securities issued by real estate companies (real estate investment trusts and real estate industry operating companies), debt securities (such as government bonds, investment grade and high risk, high yield corporate bonds and convertible bonds) and emerging market securities.

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