Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ – Get Free Report) announced a monthly dividend on Wednesday, September 23rd. Investors of record on Friday, October 23rd will be paid a dividend of 0.17 per share by the investment management company on Friday, November 6th. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date of this dividend is Friday, October 23rd.
Herzfeld Credit Income Fund Stock Performance
NASDAQ:HERZ traded up $0.02 during trading hours on Wednesday, hitting $15.79. The company’s stock had a trading volume of 15,627 shares, compared to its average volume of 16,463. Herzfeld Credit Income Fund has a twelve month low of $13.71 and a twelve month high of $28.30. The stock has a fifty day simple moving average of $16.07 and a 200-day simple moving average of $16.58.
About Herzfeld Credit Income Fund
Herzfeld Credit Income Fund (NASDAQ: HERZ) is a closed-end investment fund that seeks to provide current income and, to a lesser extent, capital appreciation. The fund invests in a diversified portfolio of credit-related securities and other income-producing instruments.
Its investments may include corporate debt, bank loans, asset-backed securities, mortgage-related securities, collateralized loan obligations and other structured credit instruments. The portfolio may include securities rated below investment grade, which can offer higher income potential but also involve greater credit and market risk.
Herzfeld Credit Income Fund is managed by Thomas J.
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