Neuberger Berman Next Generation Connectivity Fund Inc. Announces Monthly Dividend of $0.12 (NYSE:NBXG)

by · The Cerbat Gem

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) declared a monthly dividend on Friday, November 28th. Shareholders of record on Monday, December 15th will be paid a dividend of 0.12 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Monday, December 15th.

Neuberger Berman Next Generation Connectivity Fund Trading Down 1.3%

Shares of NYSE:NBXG traded down $0.20 during trading on Friday, reaching $14.41. The company had a trading volume of 196,816 shares, compared to its average volume of 205,208. Neuberger Berman Next Generation Connectivity Fund has a fifty-two week low of $10.05 and a fifty-two week high of $15.65. The stock’s fifty day moving average price is $14.83 and its 200 day moving average price is $14.66.

Institutional Trading of Neuberger Berman Next Generation Connectivity Fund

Hedge funds have recently made changes to their positions in the company. Nemes Rush Group LLC purchased a new position in Neuberger Berman Next Generation Connectivity Fund during the second quarter worth about $33,000. Geneos Wealth Management Inc. acquired a new position in Neuberger Berman Next Generation Connectivity Fund during the 1st quarter worth approximately $57,000. Ameritas Advisory Services LLC increased its position in Neuberger Berman Next Generation Connectivity Fund by 527.5% during the 3rd quarter. Ameritas Advisory Services LLC now owns 7,530 shares of the company’s stock worth $116,000 after purchasing an additional 6,330 shares during the period. Captrust Financial Advisors purchased a new position in shares of Neuberger Berman Next Generation Connectivity Fund during the 2nd quarter worth approximately $153,000. Finally, Focus Financial Network Inc. acquired a new stake in shares of Neuberger Berman Next Generation Connectivity Fund in the 3rd quarter valued at approximately $154,000.

Neuberger Berman Next Generation Connectivity Fund Company Profile

(Get Free Report)

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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