Ex-Div Reminder for Neuberger Berman High Yield Strategies Fund (NHS)
By Dividend Channel Staff, Tuesday, December 11, 11:04 AM ET
On 12/13/12, Neuberger Berman High Yield Strategies Fund (AMEX:NHS) will trade ex-dividend, for its monthly dividend of $0.09, payable on 12/31/12. As a percentage of NHS's recent stock price of $13.56, this dividend works out to approximately 0.66%, so look for shares of Neuberger Berman High Yield Strategies Fund to trade 0.66% lower — all else being equal — when NHS shares open for trading on 12/13/12.
Below is a dividend history chart for NHS, showing historical dividends prior to the most recent $0.09 declared by Neuberger Berman High Yield Strategies Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NHS is likely to continue, and whether the current estimated yield of 7.96% on annualized basis is a reasonable expectation of annual yield going forward.
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In Tuesday trading, Neuberger Berman High Yield Strategies Fund shares are currently off about 0.2% on the day.
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