Nexpoint Strategic Opportunities Fund (NYSE:NHF) announced a monthly dividend on Thursday, October 15th, Zacks reports. Investors of record on Monday, October 26th will be given a dividend of 0.05 per share on Saturday, October 31st. This represents a $0.60 annualized dividend and a yield of 6.45%. The ex-dividend date is Friday, October 23rd.
NHF opened at $9.30 on Friday. Nexpoint Strategic Opportunities Fund has a fifty-two week low of $6.30 and a fifty-two week high of $18.05. The company’s 50-day moving average price is $9.01 and its 200 day moving average price is $9.62.
In other news, EVP Dustin David Norris purchased 8,170 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were bought at an average price of $9.35 per share, for a total transaction of $76,389.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
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.
Featured Article: What is the return on assets (ROA) ratio?
Receive News & Ratings for Nexpoint Strategic Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexpoint Strategic Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.