Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) to Issue Monthly Dividend of $0.12

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) declared a monthly dividend on Wednesday, December 31st. Shareholders of record on Thursday, January 15th will be given a dividend of 0.12 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Thursday, January 15th.

Neuberger Berman Next Generation Connectivity Fund Trading Down 0.6%

Shares of Neuberger Berman Next Generation Connectivity Fund stock opened at $14.45 on Friday. Neuberger Berman Next Generation Connectivity Fund has a 12-month low of $10.05 and a 12-month high of $15.65. The business’s 50 day moving average is $14.64 and its 200-day moving average is $14.74.

About Neuberger Berman Next Generation Connectivity Fund

The Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG) is an actively managed, closed-end fund dedicated to investing in companies driving the evolution of global connectivity infrastructure. Launched in February 2024 by Neuberger Berman, NBXG seeks total return by building a diversified portfolio of equity and equity-related securities in firms involved in 5G networks, fiber-optic systems, satellite communications, data centers, cloud computing, and other emerging technologies that support faster and more reliable digital connections.

Under its investment strategy, NBXG allocates capital across hardware and software providers, telecommunications carriers, semiconductor manufacturers, and equipment suppliers that benefit from the rollout and expansion of next-generation networks.