Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO) Announces $0.04 Monthly Dividend

Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO) announced a monthly dividend on Friday, September 17th, Wall Street Journal reports. Shareholders of record on Thursday, September 30th will be paid a dividend of 0.0393 per share on Friday, October 15th. This represents a $0.47 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Wednesday, September 29th.

Shares of NBO stock opened at $13.36 on Friday. Neuberger Berman New York Municipal Fund has a 12 month low of $11.52 and a 12 month high of $13.60.

An institutional investor recently raised its position in Neuberger Berman New York Municipal Fund stock. Morgan Stanley lifted its position in Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,756 shares of the company’s stock after purchasing an additional 1,153 shares during the period. Morgan Stanley’s holdings in Neuberger Berman New York Municipal Fund were worth $1,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Neuberger Berman New York Municipal Fund

Neuberger Berman New York Municipal Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the fixed income markets of the United States. The fund primarily invests in tax-exempt municipal bonds with remaining maturities of less than 15 years.

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Dividend History for Neuberger Berman New York Municipal Fund (NYSEAMERICAN:NBO)

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