Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG) to Distribute Monthly Dividend of $0.12 on September 30th

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) announced a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.12 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Neuberger Berman Next Generation Connectivity Fund Stock Performance

Neuberger Berman Next Generation Connectivity Fund stock opened at $15.16 on Wednesday. The company has a 50-day moving average price of $15.45 and a 200 day moving average price of $14.82. Neuberger Berman Next Generation Connectivity Fund has a 12-month low of $12.32 and a 12-month high of $17.43.

About Neuberger Berman Next Generation Connectivity Fund

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.