Highland Global Allocation Fund (NASDAQ:HGLB) to Issue $0.08 Monthly Dividend

Highland Global Allocation Fund (NASDAQ:HGLBGet Free Report) announced a monthly dividend on Tuesday, October 1st, NASDAQ reports. Shareholders of record on Thursday, October 24th will be paid a dividend of 0.081 per share on Thursday, October 31st. This represents a $0.97 dividend on an annualized basis and a yield of 12.38%. The ex-dividend date of this dividend is Thursday, October 24th.

Highland Global Allocation Fund Trading Up 0.3 %

HGLB traded up $0.02 during trading hours on Thursday, hitting $7.85. The company’s stock had a trading volume of 31,022 shares, compared to its average volume of 69,236. The business’s 50-day moving average price is $7.74 and its 200-day moving average price is $7.53. Highland Global Allocation Fund has a 12 month low of $6.42 and a 12 month high of $8.48.

About Highland Global Allocation Fund

(Get Free Report)

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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