NB Distressed Debt New Glb (LON:NBDG – Get Free Report) shares reached a new 52-week high during trading on Friday after the company announced a dividend. The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 30 ($0.39), with a volume of 135416 shares changing hands. The stock had previously closed at GBX 30 ($0.39).
The newly announced dividend which will be paid on Monday, December 9th. Shareholders of record on Thursday, November 21st will be given a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 7.33%. The ex-dividend date is Thursday, November 21st. NB Distressed Debt New Glb’s payout ratio is 3,333.33%.
NB Distressed Debt New Glb Stock Performance
The business’s 50 day simple moving average is GBX 28.68 and its 200-day simple moving average is GBX 29.25. The company has a market cap of £8.35 million and a price-to-earnings ratio of 333.33.
NB Distressed Debt New Glb Company Profile
NB Distressed Debt Investment Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.
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