Nuveen Global High Income Fund (NYSE:JGH) Increases Dividend to $0.10 Per Share

Nuveen Global High Income Fund (NYSE:JGHGet Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.104 per share on Friday, March 1st. This represents a $1.25 annualized dividend and a yield of 9.79%. The ex-dividend date of this dividend is Wednesday, February 14th. This is an increase from Nuveen Global High Income Fund’s previous monthly dividend of $0.10.

Nuveen Global High Income Fund has raised its dividend payment by an average of 3.9% annually over the last three years.

Nuveen Global High Income Fund Stock Up 0.3 %

Shares of JGH opened at $12.75 on Tuesday. The firm’s 50 day moving average price is $12.20 and its 200 day moving average price is $11.59. Nuveen Global High Income Fund has a twelve month low of $10.36 and a twelve month high of $12.85.

Insider Activity at Nuveen Global High Income Fund

In other news, insider Young L. Robert purchased 16,475 shares of the company’s stock in a transaction dated Monday, January 22nd. The shares were bought at an average price of $12.13 per share, with a total value of $199,841.75. Following the completion of the transaction, the insider now directly owns 16,475 shares in the company, valued at approximately $199,841.75. The purchase was disclosed in a filing with the SEC, which is available through this link.

Hedge Funds Weigh In On Nuveen Global High Income Fund

A number of institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC raised its position in shares of Nuveen Global High Income Fund by 1,120.0% in the fourth quarter. International Assets Investment Management LLC now owns 11,017 shares of the company’s stock valued at $134,000 after purchasing an additional 10,114 shares during the period. UBS Group AG raised its position in shares of Nuveen Global High Income Fund by 2.9% in the third quarter. UBS Group AG now owns 50,691 shares of the company’s stock valued at $580,000 after purchasing an additional 1,417 shares during the period. Wells Fargo & Company MN increased its position in Nuveen Global High Income Fund by 5.9% during the second quarter. Wells Fargo & Company MN now owns 227,569 shares of the company’s stock worth $2,542,000 after acquiring an additional 12,602 shares during the period. IHT Wealth Management LLC bought a new position in Nuveen Global High Income Fund during the second quarter worth $118,000. Finally, Steward Partners Investment Advisory LLC increased its position in Nuveen Global High Income Fund by 21.2% during the first quarter. Steward Partners Investment Advisory LLC now owns 24,174 shares of the company’s stock worth $268,000 after acquiring an additional 4,233 shares during the period.

About Nuveen Global High Income Fund

(Get Free Report)

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.

Featured Articles

Dividend History for Nuveen Global High Income Fund (NYSE:JGH)

Receive News & Ratings for Nuveen Global High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Global High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.