Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ – Get Free Report) announced a monthly dividend on Friday, September 11th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.17 per share by the investment management company on Friday, November 6th. This represents a $2.04 annualized dividend and a dividend yield of 13.8%. The ex-dividend date of this dividend is Friday, October 23rd.
Herzfeld Credit Income Fund Stock Performance
Shares of NASDAQ HERZ opened at $14.81 on Wednesday. Herzfeld Credit Income Fund has a 1 year low of $13.71 and a 1 year high of $28.30. The firm’s 50 day moving average price is $15.64 and its 200 day moving average price is $16.49.
Herzfeld Credit Income Fund Company Profile
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.
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