Nexpoint Strategic Opportunities Fund (NYSE:NHF) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.20 per share on Tuesday, December 31st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 14.05%. The ex-dividend date of this dividend is Friday, December 20th.
Shares of NHF stock traded up $0.13 on Wednesday, reaching $17.08. The company’s stock had a trading volume of 174,517 shares, compared to its average volume of 226,645. Nexpoint Strategic Opportunities Fund has a 12-month low of $16.11 and a 12-month high of $22.17. The stock’s 50 day simple moving average is $16.78 and its 200-day simple moving average is $18.07.
In other Nexpoint Strategic Opportunities Fund news, insider Fitzgibbon Mark 34,000 shares of the company’s stock in a transaction dated Friday, November 1st.
NexPoint Strategic Opportunities Fund is a closed ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Nexpoint Advisors, L.P. The fund invests in the fixed income markets of the United States. It invests in companies across broadly diversified sectors to construct its portfolio.
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