Nexpoint Strategic Opportunities Fund (NYSE:NHF) announced a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.20 per share on Friday, August 30th. This represents a $2.40 annualized dividend and a yield of 13.04%. The ex-dividend date is Thursday, August 22nd.
Nexpoint Strategic Opportunities Fund has decreased its dividend payment by an average of 5.9% annually over the last three years.
Shares of NHF opened at $18.41 on Wednesday. Nexpoint Strategic Opportunities Fund has a 12 month low of $17.80 and a 12 month high of $23.13. The stock’s 50 day moving average is $18.68 and its two-hundred day moving average is $20.11.
NexPoint Strategic Opportunities Fund is a closed ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Nexpoint Advisors, L.P. The fund invests in the fixed income markets of the United States. It invests in companies across broadly diversified sectors to construct its portfolio.
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