Miller/Howard High Income Equity Fund (NYSE:HIE) Plans Monthly Dividend of $0.05

Miller/Howard High Income Equity Fund (NYSE:HIE) declared a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Stockholders of record on Monday, September 23rd will be paid a dividend of 0.051 per share on Monday, September 30th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date of this dividend is Monday, September 23rd.

Miller/Howard High Income Equity Fund Price Performance

Shares of HIE remained flat at $11.15 during mid-day trading on Wednesday. The stock had a trading volume of 4,714 shares, compared to its average volume of 34,494. The stock has a 50 day simple moving average of $11.13 and a 200 day simple moving average of $10.85. Miller/Howard High Income Equity Fund has a 52 week low of $9.49 and a 52 week high of $11.41.

Miller/Howard High Income Equity Fund Company Profile

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies.