Miller/Howard High Income Equity Fund (NYSE:HIE) Announces Monthly Dividend of $0.05

Miller/Howard High Income Equity Fund (NYSE:HIE) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Thursday, October 24th will be paid a dividend of 0.051 per share on Thursday, October 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date is Thursday, October 24th.

Miller/Howard High Income Equity Fund Trading Up 1.1 %

Shares of NYSE HIE opened at $12.32 on Wednesday. Miller/Howard High Income Equity Fund has a twelve month low of $9.49 and a twelve month high of $12.44. The stock has a 50 day moving average of $11.83 and a two-hundred day moving average of $11.36.

About Miller/Howard High Income Equity Fund

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies.