Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS) announced a monthly dividend on Tuesday, January 2nd, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be given a dividend of 0.0725 per share by the investment management company on Wednesday, January 31st. This represents a $0.87 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend is Friday, January 12th.
Neuberger Berman High Yield Strateges Fd (NHS) remained flat at $$11.76 on Tuesday. 89,400 shares of the stock were exchanged, compared to its average volume of 55,222. Neuberger Berman High Yield Strateges Fd has a 12 month low of $11.29 and a 12 month high of $12.35. The company has a market cap of $229.80, a PE ratio of 3.20 and a beta of 0.65.
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About Neuberger Berman High Yield Strateges Fd
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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