Neuberger High Yield Strategies Fund Declares $0.0905 Monthly Dividend
Neuberger High Yield Strategies Fund Inc. (NYSE: NHS) has declared a monthly dividend of $0.0905 per share, consistent with its previous payout levels. The forward yield is currently estimated at 18.1%. Shareholders will receive the payment on August 31 for those registered as of August 17; shares will trade ex-dividend starting that same date. The fund's continued dividend reflects stability in payouts despite broader market concerns about rising interest rates, which can pressure high-yield investments. However, some analysts have warned investors to be cautious with this yielder due to potential risks associated with rate hikes and a recent downgrade of the fund’s rating.
Tickers: $NHS
Topics: dividend high yield strategies