Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.088 per share on Monday, March 31st. This represents a $1.06 annualized dividend and a dividend yield of 14.33%. The ex-dividend date is Monday, March 24th.
Highland Global Allocation Fund has raised its dividend by an average of 4.5% per year over the last three years.
Highland Global Allocation Fund Stock Performance
NASDAQ HGLB traded up $0.02 on Monday, reaching $7.37. The company had a trading volume of 84,478 shares, compared to its average volume of 89,024. Highland Global Allocation Fund has a fifty-two week low of $6.75 and a fifty-two week high of $8.36. The business has a 50 day moving average of $7.50 and a two-hundred day moving average of $7.64.
Highland Global Allocation Fund Company Profile
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.
Recommended Stories
- Five stocks we like better than Highland Global Allocation Fund
- 5 discounted opportunities for dividend growth investors
- Build-Your-Bowl Battle: CAVA, Chipotle, and Sweetgreen Face Off
- How to Calculate Options Profits
- Insiders Are Loading Up: 3 Key Stock Picks for Investors
- What Does Downgrade Mean in Investing?
- How Cigna Remains at the Top of the Health Insurance Food Chain
Receive News & Ratings for Highland Global Allocation Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highland Global Allocation Fund and related companies with MarketBeat.com's FREE daily email newsletter.
