Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Announces Monthly Dividend of $0.10

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Monday, March 17th will be given a dividend of 0.10 per share on Monday, March 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.46%. The ex-dividend date of this dividend is Monday, March 17th.

Neuberger Berman Next Generation Connectivity Fund has increased its dividend by an average of 55.4% annually over the last three years.

Neuberger Berman Next Generation Connectivity Fund Stock Performance

NYSE NBXG traded down $0.10 during trading hours on Tuesday, hitting $12.69. The company had a trading volume of 362,351 shares, compared to its average volume of 226,155. The business has a 50 day moving average of $13.27 and a 200-day moving average of $12.95. Neuberger Berman Next Generation Connectivity Fund has a 1-year low of $10.70 and a 1-year high of $13.86.

Neuberger Berman Next Generation Connectivity Fund Company Profile

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.