Miller/Howard High Income Equity Fund Announces Monthly Dividend of $0.05 (NYSE:HIE)

Miller/Howard High Income Equity Fund (NYSE:HIE) declared a monthly dividend on Monday, July 1st, Zacks reports. Stockholders of record on Wednesday, July 24th will be paid a dividend of 0.051 per share on Wednesday, July 31st. This represents a $0.61 annualized dividend and a dividend yield of 5.48%. The ex-dividend date is Wednesday, July 24th.

Miller/Howard High Income Equity Fund Trading Down 0.4 %

Shares of NYSE:HIE opened at $11.16 on Tuesday. Miller/Howard High Income Equity Fund has a twelve month low of $9.49 and a twelve month high of $11.41. The company’s 50 day moving average is $11.13 and its 200 day moving average is $10.84.

About Miller/Howard High Income Equity Fund

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies.