Deuts Gl Hi Inc (NYSE:LBF) to Issue Monthly Dividend of $0.03
Deuts Gl Hi Inc (NYSE:LBF) declared a monthly dividend on Wednesday, August 9th, Wall Street Journal reports. Investors of record on Friday, August 18th will be paid a dividend of 0.031 per share by the investment management company on Thursday, August 31st. This represents a $0.37 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Wednesday, August 16th.
Deuts Gl Hi has decreased its dividend payment by an average of 1.1% per year over the last three years.
Shares of Deuts Gl Hi (NYSE:LBF) remained flat at $8.79 on Wednesday. 31,234 shares of the company were exchanged. The company has a 50 day moving average price of $8.73 and a 200 day moving average price of $8.59. Deuts Gl Hi has a 52 week low of $8.04 and a 52 week high of $8.88.
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Deuts Gl Hi Company Profile
Deutsche Global High Income Fund, Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income. The Fund’s secondary objective is capital appreciation. The Fund invests in the bond market’s spread sectors, including sovereign and corporate emerging-markets bonds, global high-yield bonds and senior loans.
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