Neuberger Berman NY Intrmdt Mncpl Fd Inc (NBO) Declares $0.04 Monthly Dividend

Neuberger Berman NY Intrmdt Mncpl Fd Inc (NYSE:NBO) announced a monthly dividend on Wednesday, August 16th, Wall Street Journal reports. Shareholders of record on Thursday, August 31st will be paid a dividend of 0.0437 per share on Friday, September 15th. This represents a $0.52 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date is Tuesday, August 29th.

Neuberger Berman NY Intrmdt Mncpl Fd has decreased its dividend payment by an average of 7.8% per year over the last three years.

Shares of Neuberger Berman NY Intrmdt Mncpl Fd (NYSE NBO) traded up 0.39% during midday trading on Wednesday, reaching $12.83. 17,789 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $12.83 and its 200-day moving average is $12.66. Neuberger Berman NY Intrmdt Mncpl Fd has a 12-month low of $12.13 and a 12-month high of $14.68.

COPYRIGHT VIOLATION NOTICE: This piece was posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece on another website, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this piece can be accessed at https://www.com-unik.info/2017/08/16/neuberger-berman-ny-intrmdt-mncpl-fd-inc-nbo-declares-0-04-monthly-dividend.html.

In other news, insider James Iselin acquired 2,500 shares of the business’s stock in a transaction on Thursday, June 1st. The shares were acquired at an average price of $12.76 per share, for a total transaction of $31,900.00. Following the completion of the transaction, the insider now directly owns 2,600 shares of the company’s stock, valued at approximately $33,176. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

About Neuberger Berman NY Intrmdt Mncpl Fd

Neuberger Berman New York Intermediate Municipal Fund Inc is a non-diversified, closed-end management investment company that invests primarily in municipal securities. The Fund’s investment objective is to provide a high level of current income exempt from regular federal income tax and a high level of current income exempt from the New York and New York City personal income tax.

What are top analysts saying about Neuberger Berman NY Intrmdt Mncpl Fd Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Neuberger Berman NY Intrmdt Mncpl Fd Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit