Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG) To Go Ex-Dividend on August 17th

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) announced a monthly dividend on Friday, July 31st. Investors of record on Monday, August 17th will be given a dividend of 0.12 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Monday, August 17th.

Neuberger Berman Next Generation Connectivity Fund Stock Up 0.5%

NBXG stock opened at $15.87 on Friday. The firm’s 50-day simple moving average is $15.72 and its 200 day simple moving average is $14.70. Neuberger Berman Next Generation Connectivity Fund has a fifty-two week low of $12.32 and a fifty-two week high of $17.43.

Neuberger Berman Next Generation Connectivity Fund Company Profile

The Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG) is an actively managed, closed-end fund dedicated to investing in companies driving the evolution of global connectivity infrastructure. Launched in February 2024 by Neuberger Berman, NBXG seeks total return by building a diversified portfolio of equity and equity-related securities in firms involved in 5G networks, fiber-optic systems, satellite communications, data centers, cloud computing, and other emerging technologies that support faster and more reliable digital connections.

Under its investment strategy, NBXG allocates capital across hardware and software providers, telecommunications carriers, semiconductor manufacturers, and equipment suppliers that benefit from the rollout and expansion of next-generation networks.