Miller/Howard High Income Equity Fund Declares Monthly Dividend of $0.05 (NYSE:HIE)

Miller/Howard High Income Equity Fund (NYSE:HIE) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.051 per share on Friday, August 30th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date is Friday, August 23rd.

Miller/Howard High Income Equity Fund Stock Down 0.2 %

Shares of NYSE:HIE opened at $11.14 on Wednesday. Miller/Howard High Income Equity Fund has a 12 month low of $9.49 and a 12 month high of $11.41. The company has a 50-day moving average price of $11.13 and a 200 day moving average price of $10.85.

About Miller/Howard High Income Equity Fund

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies.