Delaware Enhanced Global Dividend and Income Fund Announces Monthly Dividend of $0.05 (NYSE:DEX)

Delaware Enhanced Global Dividend and Income Fund (NYSE:DEXGet Rating) announced a monthly dividend on Thursday, August 4th, Zacks reports. Stockholders of record on Friday, August 19th will be given a dividend of 0.053 per share on Friday, August 26th. This represents a $0.64 annualized dividend and a dividend yield of 8.22%. The ex-dividend date is Thursday, August 18th.

Delaware Enhanced Global Dividend and Income Fund Price Performance

Delaware Enhanced Global Dividend and Income Fund stock opened at $7.74 on Friday. The firm has a 50 day simple moving average of $7.77 and a 200-day simple moving average of $8.47. Delaware Enhanced Global Dividend and Income Fund has a 1-year low of $7.26 and a 1-year high of $10.63.

Insider Transactions at Delaware Enhanced Global Dividend and Income Fund

In related news, major shareholder Saba Capital Management, L.P. acquired 6,559 shares of the firm’s stock in a transaction dated Thursday, May 19th. The shares were purchased at an average cost of $7.74 per share, for a total transaction of $50,766.66. Following the acquisition, the insider now owns 1,144,867 shares in the company, valued at approximately $8,861,270.58. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders have purchased 9,658 shares of company stock worth $74,434.

Hedge Funds Weigh In On Delaware Enhanced Global Dividend and Income Fund

Large investors have recently made changes to their positions in the stock. Private Advisor Group LLC lifted its holdings in shares of Delaware Enhanced Global Dividend and Income Fund by 4.9% in the 1st quarter. Private Advisor Group LLC now owns 32,200 shares of the company’s stock worth $291,000 after acquiring an additional 1,500 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Delaware Enhanced Global Dividend and Income Fund by 29.2% during the 1st quarter. NewEdge Advisors LLC now owns 50,047 shares of the company’s stock worth $452,000 after buying an additional 11,300 shares in the last quarter. Bank of America Corp DE lifted its holdings in Delaware Enhanced Global Dividend and Income Fund by 19.8% during the 1st quarter. Bank of America Corp DE now owns 71,128 shares of the company’s stock worth $642,000 after buying an additional 11,776 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in Delaware Enhanced Global Dividend and Income Fund by 7.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 114,306 shares of the company’s stock worth $1,032,000 after buying an additional 8,144 shares in the last quarter.

Delaware Enhanced Global Dividend and Income Fund Company Profile

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Delaware Enhanced Global Dividend and Income Fund is a closed ended balanced mutual fund launched by Delaware Management Holdings, Inc The fund is managed by Delaware Management Business Trust. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.

Further Reading

Dividend History for Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX)

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