Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) declared a monthly dividend on Tuesday, April 1st, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.10 per share on Wednesday, April 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.72%. The ex-dividend date of this dividend is Tuesday, April 15th.
Neuberger Berman Next Generation Connectivity Fund has raised its dividend by an average of 55.4% per year over the last three years.
Neuberger Berman Next Generation Connectivity Fund Price Performance
Shares of NYSE:NBXG traded up $0.09 during trading on Tuesday, hitting $12.34. 261,448 shares of the stock were exchanged, compared to its average volume of 232,412. The company has a fifty day moving average price of $13.08 and a two-hundred day moving average price of $13.00. Neuberger Berman Next Generation Connectivity Fund has a 12-month low of $10.70 and a 12-month high of $13.86.
Neuberger Berman Next Generation Connectivity Fund Company Profile
Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.
The Fund’s investment strategy focuses on equity securities issued by U.S.
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