Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.10 per share on Monday, March 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.46%. The ex-dividend date is Monday, March 17th.
Neuberger Berman Next Generation Connectivity Fund has raised its dividend payment by an average of 55.4% per year over the last three years.
Neuberger Berman Next Generation Connectivity Fund Stock Performance
Shares of NYSE NBXG traded down $0.10 during midday trading on Tuesday, reaching $12.69. 362,351 shares of the company were exchanged, compared to its average volume of 226,155. Neuberger Berman Next Generation Connectivity Fund has a 1 year low of $10.70 and a 1 year high of $13.86. The stock has a fifty day simple moving average of $13.27 and a 200 day simple moving average of $12.95.
Neuberger Berman Next Generation Connectivity Fund Company Profile
Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.
The Fund’s investment strategy focuses on equity securities issued by U.S.
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