Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.088 per share on Friday, January 31st. This represents a $1.06 dividend on an annualized basis and a yield of 13.54%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from Highland Global Allocation Fund’s previous monthly dividend of $0.07.
Highland Global Allocation Fund has raised its dividend by an average of 4.5% annually over the last three years.
Highland Global Allocation Fund Price Performance
HGLB opened at $7.80 on Wednesday. The business’s fifty day simple moving average is $7.46 and its 200 day simple moving average is $7.65. Highland Global Allocation Fund has a 52 week low of $6.75 and a 52 week high of $8.36.
Highland Global Allocation Fund Company Profile
Highland Global Allocation Fund is a closed-end fund designed to provide low correlation to U.S. equity market.
Thr fund applies global thematic investment style, pursuing investments that management team views as undervalued, built around high-conviction themes.
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