NB Distressed Debt New Glb (LON:NBDG – Get Free Report) shares hit 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 traded. The stock had previously closed at GBX 30 ($0.39).
The newly announced dividend which will be paid on Monday, December 9th. Stockholders of record on Thursday, November 21st will be issued a GBX 2.20 ($0.03) dividend. This represents a dividend yield of 7.33%. The ex-dividend date of this dividend is Thursday, November 21st. NB Distressed Debt New Glb’s dividend payout ratio (DPR) is 3,333.33%.
NB Distressed Debt New Glb Stock Performance
The stock has a 50 day moving average of GBX 28.68 and a 200-day moving average of GBX 29.23. The stock has a market capitalization of £8.35 million and a P/E ratio of 333.33.
About NB Distressed Debt New Glb
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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