Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Plans Monthly Dividend of $0.10

Posted by Francis Steltz on Feb 16th, 2025

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.10 per share on Friday, February 28th. This represents a $1.20 annualized dividend and a dividend yield of 8.68%. The ex-dividend date of this dividend is Tuesday, February 18th.

Neuberger Berman Next Generation Connectivity Fund has raised its dividend by an average of 55.4% per year over the last three years.

Neuberger Berman Next Generation Connectivity Fund Stock Up 0.7 %

Neuberger Berman Next Generation Connectivity Fund stock opened at $13.83 on Friday. The company has a fifty day simple moving average of $13.21 and a 200-day simple moving average of $12.83. Neuberger Berman Next Generation Connectivity Fund has a 12-month low of $10.70 and a 12-month high of $13.86.

Neuberger Berman Next Generation Connectivity Fund Company Profile

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Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.

The Fund’s investment strategy focuses on equity securities issued by U.S.