Neuberger Berman High Yield Strateges Fd (NYSE:NHS) declared a monthly dividend on Monday, October 2nd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.0725 per share by the investment management company on Tuesday, October 31st. This represents a $0.87 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date is Friday, October 13th.

Neuberger Berman High Yield Strateges Fd has decreased its dividend payment by an average of 3.9% per year over the last three years.

Shares of Neuberger Berman High Yield Strateges Fd (NYSE NHS) traded up 0.08% on Monday, reaching $12.17. 33,072 shares of the company’s stock traded hands. Neuberger Berman High Yield Strateges Fd has a 52 week low of $10.67 and a 52 week high of $12.23. The stock’s 50-day moving average price is $11.97 and its 200-day moving average price is $11.91.

COPYRIGHT VIOLATION WARNING: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/02/neuberger-berman-high-yield-strateges-fd-nhs-announces-0-07-monthly-dividend.html.

In related news, insider Thomas P. Oreilly sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $11.83, for a total transaction of $47,320.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas P. Oreilly sold 14,000 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $12.08, for a total transaction of $169,120.00. The disclosure for this sale can be found here.

Neuberger Berman High Yield Strateges Fd Company Profile

Neuberger Berman High Yield Strategies Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks total return (income plus capital appreciation). The Fund normally invests at least 80% of its total assets in high yield debt securities of the United States and foreign issuers, which include securities that are rated below investment grade by a rating agency or are unrated debt securities determined to be of comparable quality by the Fund’s investment manager.

Dividend History for Neuberger Berman High Yield Strateges Fd (NYSE:NHS)

Receive News & Stock Ratings for Neuberger Berman High Yield Strateges Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman High Yield Strateges Fd and related stocks with our FREE daily email newsletter.