Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.0905 per share by the investment management company on Tuesday, December 31st. This represents a $1.09 annualized dividend and a yield of 9.03%. The ex-dividend date is Friday, December 13th.
Shares of NHS stock traded up $0.04 during trading hours on Wednesday, reaching $12.03. The company had a trading volume of 5,104 shares, compared to its average volume of 76,120. Neuberger Berman High Yield Strateges Fd has a 12-month low of $9.15 and a 12-month high of $12.15.
About Neuberger Berman High Yield Strateges Fd
Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.
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