Neuberger Berman New York Muncipl Fd Inc (NBO) Declares $0.04 Monthly Dividend
Neuberger Berman New York Muncipl Fd Inc (NYSEAMERICAN:NBO) announced a monthly dividend on Monday, November 19th, Wall Street Journal reports. Investors of record on Friday, November 30th will be given a dividend of 0.0393 per share on Monday, December 17th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date is Thursday, November 29th.
Neuberger Berman New York Muncipl Fd has decreased its dividend by an average of 11.9% annually over the last three years.
NYSEAMERICAN:NBO traded down $0.02 during trading hours on Monday, reaching $11.18. 24,100 shares of the company traded hands, compared to its average volume of 14,078. Neuberger Berman New York Muncipl Fd has a 1-year low of $11.00 and a 1-year high of $12.46.
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Neuberger Berman New York Municipal Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the fixed income markets of the United States. The fund primarily invests in tax-exempt municipal bonds with remaining maturities of less than 15 years.
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