NB Global Monthly Income Fund Limited (LON:NBMI) Raises Dividend to GBX 0.90 Per Share

NB Global Monthly Income Fund Limited (LON:NBMI – Get Rating) declared a dividend on Wednesday, January 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, February 2nd will be paid a dividend of GBX 0.90 ($0.01) per share on Tuesday, February 21st. This represents a yield of 1.21%. The ex-dividend date is Thursday, February 2nd. This is an increase from NB Global Monthly Income Fund’s previous dividend of $0.54. The official announcement can be viewed at this link.

NB Global Monthly Income Fund Stock Performance

Shares of NB Global Monthly Income Fund stock opened at GBX 73.60 ($0.91) on Wednesday. The company has a market cap of £163.16 million and a P/E ratio of 1,490.92. NB Global Monthly Income Fund has a one year low of GBX 70.80 ($0.88) and a one year high of GBX 89.57 ($1.11). The firm has a fifty day moving average of GBX 73.57 and a two-hundred day moving average of GBX 76.03.

About NB Global Monthly Income Fund

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NB Global Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund primarily invests in floating rate senior secured loans issued in U.S.