Somewhat Positive News Coverage Somewhat Unlikely to Impact New Germany Fund (GF) Share Price
News headlines about New Germany Fund (NYSE:GF) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. New Germany Fund earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 46.2836985858317 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of New Germany Fund (NYSE:GF) traded up $0.28 during trading hours on Tuesday, reaching $20.83. 32,700 shares of the company traded hands, compared to its average volume of 27,267. New Germany Fund has a 52-week low of $13.42 and a 52-week high of $21.00.
The company also recently announced a Semi-Annual dividend, which will be paid on Friday, January 26th. Investors of record on Friday, December 29th will be issued a $0.348 dividend. The ex-dividend date is Thursday, December 28th. This represents a yield of 3.49%.
About New Germany Fund
The New Germany Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The Fund focuses its investments in Germany. The Fund invests in range of sectors, which include commercial services and supplies; construction and engineering; diversified telecommunication services; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare technology; industrial conglomerates; insurance; Internet and direct marketing retail; Internet software and services; life sciences tools and services; machinery; media; metals and mining; pharmaceuticals; real estate management and development; semiconductors and semiconductor equipment; software; thrifts and mortgage finance; transportation infrastructure, and auto components.
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