The New Germany Fund, Inc. (NYSE:GF – Get Free Report) declared a dividend on Thursday, December 18th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.1298 per share by the investment management company on Friday, January 30th. This represents a dividend yield of 229.0%. The ex-dividend date is Tuesday, December 30th.
The New Germany Fund Trading Up 0.4%
Shares of NYSE:GF opened at $11.40 on Friday. The New Germany Fund has a 52-week low of $7.74 and a 52-week high of $12.82. The company has a 50-day simple moving average of $11.01 and a 200 day simple moving average of $11.51.
The New Germany Fund Company Profile
The New Germany Fund, Inc (NYSE: GF) is a closed-end management investment company that offers U.S. investors targeted exposure to German equities. The fund seeks long-term total return through a combination of capital appreciation and income by investing primarily in a diversified portfolio of securities tied to the German economy.
The fund’s holdings typically include common stocks of German companies alongside American and European depositary receipts for issuers headquartered in or deriving a substantial portion of their revenues from Germany.
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