Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ) to Issue Monthly Dividend of $0.17

Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ) announced a monthly dividend on Saturday, October 17th. Investors of record on Monday, November 16th will be paid a dividend of $0.17 per share by the investment management company on Monday, November 30th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date is Monday, November 16th.

Herzfeld Credit Income Fund Price Performance

HERZ traded down $0.43 on Friday, hitting $14.74. 4,917 shares of the company’s stock were exchanged, compared to its average volume of 14,380. 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 moving average of $15.70 and a two-hundred day moving average of $16.49.

About Herzfeld Credit Income Fund

Herzfeld Credit Income Fund (NASDAQ: HERZ) is a closed-end investment fund that seeks to provide investors with a high level of current income, with capital appreciation as a secondary objective. The fund invests primarily in credit-related securities and other income-producing assets.

Its portfolio may include corporate debt securities, loans, structured credit instruments, preferred securities and other fixed-income investments. The fund may invest across different credit qualities, including below-investment-grade securities, and uses professional portfolio management to identify opportunities in credit markets while managing associated risks.

Herzfeld Credit Income Fund is advised by Thomas J.