Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.10 per share on Friday, February 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.68%. The ex-dividend date is Tuesday, February 18th.
Neuberger Berman Next Generation Connectivity Fund has raised its dividend 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 opened at $13.83 on Friday. The company has a 50 day simple moving average of $13.21 and a 200-day simple moving average of $12.83. Neuberger Berman Next Generation Connectivity Fund has a 1 year low of $10.70 and a 1 year high of $13.86.
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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