NB Global Monthly Income Fund Limited (NBMI) To Go Ex-Dividend on May 2nd

NB Global Monthly Income Fund Limited (LON:NBMI) announced a dividend on Thursday, April 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 2nd will be paid a dividend of GBX 4.10 ($0.05) per share on Friday, May 31st. This represents a dividend yield of 7.79%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from NB Global Monthly Income Fund’s previous dividend of $2.10. The official announcement can be seen at this link.

NB Global Monthly Income Fund Stock Performance

LON:NBMI opened at GBX 52.60 ($0.65) on Friday. The firm’s fifty day moving average is GBX 63.64 and its two-hundred day moving average is GBX 67.91. The firm has a market cap of £37.52 million and a price-to-earnings ratio of 309.41. NB Global Monthly Income Fund has a one year low of GBX 50 ($0.62) and a one year high of GBX 80.22 ($0.99).

Insider Buying and Selling

In related news, insider Rupert O. Dorey sold 10,607 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 79 ($0.98), for a total transaction of £8,379.53 ($10,350.21). 0.15% of the stock is owned by corporate insiders.

About NB Global Monthly Income Fund

NB Global Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund primarily invests in floating rate senior secured loans issued in U.S.