Herzfeld Credit Income Fund, Inc. (HERZ) To Go Ex-Dividend on August 17th

Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ) announced a monthly dividend on Wednesday, May 20th. Investors of record on Monday, August 17th will be paid a dividend of 0.17 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend is Monday, August 17th.

Herzfeld Credit Income Fund Price Performance

Shares of Herzfeld Credit Income Fund stock opened at $17.62 on Friday. The business has a fifty day simple moving average of $16.71 and a two-hundred day simple moving average of $19.72. Herzfeld Credit Income Fund has a 12 month low of $13.71 and a 12 month high of $31.00.

Herzfeld Credit Income Fund Company Profile

Herzfeld Credit Income Fund (NASDAQ:HERZ) is a closed-end, non-diversified management investment company that trades on the NASDAQ Capital Market. The fund is externally managed by Herzfeld Advisors, Inc, which is responsible for day-to-day portfolio construction, credit research and risk management under the oversight of an independent board of directors.

The fund’s primary objective is to generate current income with an emphasis on preservation of capital. To pursue this goal, Herzfeld Credit Income Fund invests in a diversified portfolio of corporate debt instruments, including senior secured loans, high-yield bonds, mezzanine loans and other fixed-income securities.