Neuberger Berman High Yield Strateges Fd (NHS) to Issue Monthly Dividend of $0.07 on May 31st

Neuberger Berman High Yield Strateges Fd (NHS) to Issue Monthly Dividend of $0.07 on  May 31st

Neuberger Berman High Yield Strateges Fd (NYSE:NHS) announced a monthly dividend on Tuesday, May 2nd. Investors of record on Monday, May 15th will be given a dividend of 0.0725 per share by the investment management company on Wednesday, May 31st. This represents a $0.87 annualized dividend and a yield of 7.23%. The ex-dividend date of this dividend is Thursday, May 11th.

Neuberger Berman High Yield Strateges Fd has decreased its dividend by an average of 3.9% per year over the last three years.

Neuberger Berman High Yield Strateges Fd (NYSE:NHS) traded up 0.33% during midday trading on Friday, reaching $12.04. 28,006 shares of the company traded hands. The firm has a market capitalization of $235.26 million and a price-to-earnings ratio of 8.60. Neuberger Berman High Yield Strateges Fd has a one year low of $10.53 and a one year high of $12.20. The firm has a 50-day moving average price of $11.88 and a 200-day moving average price of $11.74.

Neuberger Berman High Yield Strateges Fd Company Profile

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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