Nuveen Global High Income Fund of Beneficial Interest to Issue Monthly Dividend of $0.12 (JGH)
Nuveen Global High Income Fund of Beneficial Interest (NYSE:JGH) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.12 per share on Friday, December 1st. This represents a $1.44 annualized dividend and a dividend yield of 8.29%. The ex-dividend date is Tuesday, November 14th.
In related news, Chairman William J. Schneider purchased 23,100 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The stock was acquired at an average price of $17.33 per share, for a total transaction of $400,323.00. Following the transaction, the chairman now directly owns 23,100 shares of the company’s stock, valued at approximately $400,323. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
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