Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report)’s stock price was up 1.6% during trading on Friday . The stock traded as high as $8.16 and last traded at $8.08. Approximately 152,462 shares changed hands during mid-day trading, an increase of 108% from the average daily volume of 73,229 shares. The stock had previously closed at $7.95.
Highland Global Allocation Fund Price Performance
The company’s 50 day simple moving average is $7.72 and its 200 day simple moving average is $8.21.
Highland Global Allocation Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 22nd will be paid a $0.084 dividend. The ex-dividend date is Thursday, December 21st. This represents a $1.01 annualized dividend and a yield of 12.37%.
Institutional Investors Weigh In On Highland Global Allocation Fund
About Highland Global Allocation Fund
Highland Global Allocation Fund is a closed-end fund designed to provide low correlation to U.S. equity market.
Thr fund applies global thematic investment style, pursuing investments that management team views as undervalued, built around high-conviction themes.
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