Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) declared a monthly dividend on Tuesday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.10 per share on Wednesday, April 30th. This represents a $1.20 annualized dividend and a yield of 9.62%. The ex-dividend date of this dividend is Tuesday, April 15th.
Neuberger Berman Next Generation Connectivity Fund has increased its dividend payment by an average of 55.4% annually over the last three years.
Neuberger Berman Next Generation Connectivity Fund Stock Performance
Shares of NYSE:NBXG opened at $12.47 on Thursday. The company’s fifty day moving average is $13.04 and its 200-day moving average is $13.00. Neuberger Berman Next Generation Connectivity Fund has a 52 week low of $10.70 and a 52 week high of $13.86.
About Neuberger Berman Next Generation Connectivity Fund
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.
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