Highland Global Allocation Fund (NASDAQ:HGLB) Plans Monthly Dividend of $0.08

Highland Global Allocation Fund (NASDAQ:HGLBGet Free Report) declared a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Shareholders of record on Friday, November 22nd will be paid a dividend of 0.081 per share on Friday, November 29th. This represents a $0.97 annualized dividend and a yield of 12.89%. The ex-dividend date is Friday, November 22nd.

Highland Global Allocation Fund Price Performance

HGLB stock opened at $7.54 on Thursday. The stock’s 50 day simple moving average is $7.76 and its 200 day simple moving average is $7.63. Highland Global Allocation Fund has a 12-month low of $6.75 and a 12-month high of $8.48.

Highland Global Allocation Fund Company Profile

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Highland Global Allocation Fund is a closed-end fund designed to provide low correlation to U.S. equity market.

Thr fund applies global thematic investment style, pursuing investments that management team views as undervalued, built around high-conviction themes.

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Dividend History for Highland Global Allocation Fund (NASDAQ:HGLB)

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