Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Plans $0.10 Monthly Dividend

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) announced a monthly dividend on Thursday, August 1st, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.10 per share on Friday, August 30th. This represents a $1.20 annualized dividend and a yield of 9.89%. The ex-dividend date of this dividend is Thursday, August 15th.

Neuberger Berman Next Generation Connectivity Fund Trading Up 0.7 %

Shares of NYSE NBXG opened at 12.13 on Wednesday. Neuberger Berman Next Generation Connectivity Fund has a 12 month low of 9.31 and a 12 month high of 13.43. The stock has a 50 day moving average of 12.55 and a 200-day moving average of 12.05.

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.