Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Declares Monthly Dividend of $0.09

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0905 per share by the investment management company on Friday, February 28th. This represents a $1.09 dividend on an annualized basis and a yield of 14.17%. The ex-dividend date of this dividend is Tuesday, February 18th.

Neuberger Berman High Yield Strategies Fund Price Performance

Shares of NHS stock traded down $0.03 on Monday, hitting $7.67. 391,999 shares of the stock traded hands, compared to its average volume of 261,116. Neuberger Berman High Yield Strategies Fund has a twelve month low of $7.47 and a twelve month high of $8.67.

About Neuberger Berman High Yield Strategies Fund

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.