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IN BRIEF: NB Global Monthly Income Fund lifts annual target dividend

20th Jan 2022 14:54

NB Global Monthly Income Fund Ltd - invests in traditional credit, such as bonds and loans, and in alternative credit, such as distressed credit, collateralized loan obligations, mezzanine debt, and club loan transactions - Sets target monthly dividend for 2022 at 0.415 pence, up 6.4% from 0.390p in 2021. This will equate to a total annual payout of 4.98p, representing a 5.25% yield on net asset value and 5.57% yield on the share price as of the close Wednesday.

Current stock price: 90.00p, up 0.7% on Thursday

12-month change: up 7.1%

By Tom Waite; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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NBMI.L
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