Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) announced a monthly dividend on Tuesday, June 30th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.12 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Wednesday, July 15th.
Neuberger Berman Next Generation Connectivity Fund Stock Up 0.1%
NBXG stock opened at $16.14 on Monday. The stock has a 50-day simple moving average of $16.01 and a two-hundred day simple moving average of $14.59. Neuberger Berman Next Generation Connectivity Fund has a twelve month low of $12.32 and a twelve month high of $17.43.
Neuberger Berman Next Generation Connectivity Fund Company Profile
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.
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