Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) to Issue Monthly Dividend of $0.09

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.0905 per share by the investment management company on Monday, March 31st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 13.73%. The ex-dividend date of this dividend is Monday, March 17th.

Neuberger Berman High Yield Strategies Fund Price Performance

Shares of NHS stock traded up $0.05 during mid-day trading on Tuesday, reaching $7.91. 226,512 shares of the stock traded hands, compared to its average volume of 220,761. Neuberger Berman High Yield Strategies Fund has a 1-year low of $7.47 and a 1-year high of $8.67.

About Neuberger Berman High Yield Strategies Fund

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.