Nuveen Global High Income Fund (NYSE:JGH) to Issue Monthly Dividend of $0.10
Nuveen Global High Income Fund (NYSE:JGH) declared a monthly dividend on Wednesday, October 2nd, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.102 per share on Friday, November 1st. This represents a $1.22 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date of this dividend is Friday, October 11th.
Nuveen Global High Income Fund has decreased its dividend payment by an average of 2.2% per year over the last three years.
JGH stock traded down $0.06 during midday trading on Thursday, reaching $15.45. 400 shares of the company’s stock traded hands, compared to its average volume of 63,266. Nuveen Global High Income Fund has a fifty-two week low of $13.21 and a fifty-two week high of $15.81. The business has a 50-day moving average price of $15.28 and a two-hundred day moving average price of $15.36.
Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.
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