Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) announced a monthly dividend on Tuesday, June 30th. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.12 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Wednesday, July 15th.
Neuberger Berman Next Generation Connectivity Fund Stock Up 1.8%
NYSE:NBXG opened at $16.56 on Wednesday. Neuberger Berman Next Generation Connectivity Fund has a one year low of $12.32 and a one year high of $17.43. The stock has a 50 day moving average price of $15.73 and a 200 day moving average price of $14.49.
Neuberger Berman Next Generation Connectivity Fund Company Profile
The Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG) is an actively managed, closed-end fund dedicated to investing in companies driving the evolution of global connectivity infrastructure. Launched in February 2024 by Neuberger Berman, NBXG seeks total return by building a diversified portfolio of equity and equity-related securities in firms involved in 5G networks, fiber-optic systems, satellite communications, data centers, cloud computing, and other emerging technologies that support faster and more reliable digital connections.
Under its investment strategy, NBXG allocates capital across hardware and software providers, telecommunications carriers, semiconductor manufacturers, and equipment suppliers that benefit from the rollout and expansion of next-generation networks.
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