DE ENHANCED GLB/COM to Issue Monthly Dividend of $0.09 (DEX)

DE ENHANCED GLB/COM (NYSE:DEX) declared a monthly dividend on Tuesday, December 4th, NASDAQ reports. Investors of record on Friday, December 14th will be given a dividend of 0.094 per share on Friday, December 28th. This represents a $1.13 dividend on an annualized basis and a yield of 12.30%. The ex-dividend date of this dividend is Thursday, December 13th.

DE ENHANCED GLB/COM has decreased its dividend payment by an average of 11.2% annually over the last three years.

NYSE:DEX traded down $0.11 during midday trading on Friday, reaching $9.17. The stock had a trading volume of 71,194 shares, compared to its average volume of 54,855. DE ENHANCED GLB/COM has a 1-year low of $9.16 and a 1-year high of $12.70.

In related news, major shareholder Saba Capital Management, L.P. sold 48,961 shares of the firm’s stock in a transaction on Tuesday, October 16th. The shares were sold at an average price of $10.56, for a total value of $517,028.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 283,722 shares of company stock worth $2,831,955 over the last quarter.

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About DE ENHANCED GLB/COM

Delaware Enhanced Global Dividend and Income Fund is a closed ended balanced mutual fund launched by Delaware Management Holdings, Inc The fund is managed by Delaware Management Business Trust. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.

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Dividend History for DE ENHANCED GLB/COM (NYSE:DEX)

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