23rd Jan 2017 12:11
LONDON (Alliance News) - NB Private Equity Partners Ltd on Monday declared its first semi-annual dividend payment for 2017 of USD0.25 per share.
NB Private Equity said on an annualised basis, the payment represents a dividend yield of 3.2% based on net asset value, or 4.1% based on its closing stock price of USD12.16 last Thursday.
"NBPE continues to see a steady flow of new equity and income investment opportunities as well as strong distribution activity," said the company.
Shares in NB Private Equity Partners were down 0.3% at USD12.15 on Monday.
By Adam Clark; [email protected]
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