Neuberger Berman (NYSEAMERICAN:NHS) announced a monthly dividend on Friday, March 30th, Wall Street Journal reports. Stockholders of record on Monday, April 16th will be paid a dividend of 0.0658 per share by the investment management company on Monday, April 30th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date is Friday, April 13th.
Shares of NHS stock opened at $11.11 on Thursday. Neuberger Berman has a fifty-two week low of $10.84 and a fifty-two week high of $12.35.
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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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