Herzfeld Credit Income Fund, Inc. (HERZ) To Go Ex-Dividend on May 15th

Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ) declared a monthly dividend on Tuesday, April 14th. Shareholders of record on Friday, May 15th will be given a dividend of 0.17 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Friday, May 15th.

Herzfeld Credit Income Fund Stock Down 0.8%

Shares of Herzfeld Credit Income Fund stock opened at $18.00 on Wednesday. Herzfeld Credit Income Fund has a 12-month low of $13.71 and a 12-month high of $31.00. The company has a 50-day moving average of $16.42 and a two-hundred day moving average of $19.98.

Herzfeld Credit Income Fund Company Profile

Herzfeld Credit Income Fund (NASDAQ:HERZ) is a closed-end, non-diversified management investment company that trades on the NASDAQ Capital Market. The fund is externally managed by Herzfeld Advisors, Inc, which is responsible for day-to-day portfolio construction, credit research and risk management under the oversight of an independent board of directors.

The fund’s primary objective is to generate current income with an emphasis on preservation of capital. To pursue this goal, Herzfeld Credit Income Fund invests in a diversified portfolio of corporate debt instruments, including senior secured loans, high-yield bonds, mezzanine loans and other fixed-income securities.