Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Declares Monthly Dividend of $0.09

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0905 per share by the investment management company on Friday, January 31st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 14.35%. The ex-dividend date of this dividend is Wednesday, January 15th.

Neuberger Berman High Yield Strategies Fund Trading Up 1.1 %

Shares of NHS traded up $0.08 during trading hours on Thursday, hitting $7.57. The stock had a trading volume of 283,137 shares, compared to its average volume of 119,459. Neuberger Berman High Yield Strategies Fund has a fifty-two week low of $7.47 and a fifty-two week high of $8.67.

Neuberger Berman High Yield Strategies Fund Company Profile

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.