The New Germany Fund, Inc. (NYSE:GF – Get Free Report) declared a semi-annual dividend on Wednesday, December 18th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be paid a dividend of 0.0482 per share by the investment management company on Friday, January 31st. This represents a dividend yield of 1%. The ex-dividend date is Monday, December 30th. This is an increase from The New Germany Fund’s previous semi-annual dividend of $0.02.
The New Germany Fund has decreased its dividend by an average of 51.1% annually over the last three years.
The New Germany Fund Price Performance
Shares of NYSE GF opened at $7.91 on Friday. The New Germany Fund has a 52 week low of $7.85 and a 52 week high of $8.99. The business has a 50 day simple moving average of $8.27 and a 200 day simple moving average of $8.38.
The New Germany Fund Company Profile
The New Germany Fund Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors.
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