Nexpoint Strategic Opportunities Fund (NYSE:NHF) announced a monthly dividend on Thursday, October 15th, Zacks reports. Stockholders of record on Monday, October 26th will be paid a dividend of 0.05 per share on Saturday, October 31st. This represents a $0.60 annualized dividend and a dividend yield of 6.45%. The ex-dividend date is Friday, October 23rd.
Shares of NYSE:NHF opened at $9.30 on Friday. The business’s 50 day simple moving average is $9.01 and its 200-day simple moving average is $9.62. Nexpoint Strategic Opportunities Fund has a 12 month low of $6.30 and a 12 month high of $18.05.
In other news, EVP Dustin David Norris purchased 8,170 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The shares were acquired at an average price of $9.35 per share, with a total value of $76,389.50. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
NexPoint Strategic Opportunities Fund is a closed ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Nexpoint Advisors, L.P. The fund invests in the fixed income markets of the United States. It invests in companies across broadly diversified sectors to construct its portfolio.
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