Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS) to Issue $0.09 Monthly Dividend

Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS) declared a monthly dividend on Tuesday, June 4th, Wall Street Journal reports. Shareholders of record on Monday, June 17th will be given a dividend of 0.0905 per share by the investment management company on Friday, June 28th. This represents a $1.09 dividend on an annualized basis and a yield of 9.31%. The ex-dividend date of this dividend is Friday, June 14th.

Neuberger Berman High Yield Strateges Fd has decreased its dividend by an average of 0.8% per year over the last three years.

NHS stock opened at $11.67 on Friday. Neuberger Berman High Yield Strateges Fd has a twelve month low of $9.15 and a twelve month high of $12.04.



In related news, major shareholder Saba Capital Management, L.P. bought 121,750 shares of Neuberger Berman High Yield Strateges Fd stock in a transaction on Thursday, April 11th. The stock was acquired at an average price of $11.63 per share, with a total value of $1,415,952.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have acquired a total of 465,140 shares of company stock valued at $5,347,991 in the last ninety days.

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About Neuberger Berman High Yield Strateges Fd

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.

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Dividend History for Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS)

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