Highland Global Allocation Fund (NASDAQ:HGLB) Announces Monthly Dividend of $0.08

Highland Global Allocation Fund (NASDAQ:HGLBGet Free Report) declared a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Stockholders of record on Friday, November 22nd will be given a dividend of 0.081 per share on Friday, November 29th. This represents a $0.97 annualized dividend and a dividend yield of 12.87%. The ex-dividend date is Friday, November 22nd.

Highland Global Allocation Fund Price Performance

NASDAQ:HGLB opened at $7.55 on Wednesday. The firm has a 50 day moving average of $7.77 and a 200 day moving average of $7.63. Highland Global Allocation Fund has a 52 week low of $6.75 and a 52 week high of $8.48.

Highland Global Allocation Fund Company Profile

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Highland Global Allocation Fund is a closed-end fund designed to provide low correlation to U.S. equity market.

Thr fund applies global thematic investment style, pursuing investments that management team views as undervalued, built around high-conviction themes.

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Dividend History for Highland Global Allocation Fund (NASDAQ:HGLB)

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