DEUTS GL HI INC (NYSE:LBF) announced a monthly dividend on Wednesday, August 9th, Wall Street Journal reports. Investors of record on Friday, August 18th will be given a dividend of 0.031 per share by the investment management company on Thursday, August 31st. This represents a $0.37 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Wednesday, August 16th.
DEUTS GL HI INC has decreased its dividend payment by an average of 1.1% annually over the last three years.
DEUTS GL HI INC (NYSE:LBF) traded up 0.2229% during midday trading on Friday, reaching $8.7695. The company had a trading volume of 88,310 shares. DEUTS GL HI INC has a 1-year low of $8.04 and a 1-year high of $8.88. The firm has a 50-day moving average of $8.75 and a 200 day moving average of $8.62.
About DEUTS GL HI INC
Deutsche Global High Income Fund, Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income. The Fund’s secondary objective is capital appreciation. The Fund invests in the bond market’s spread sectors, including sovereign and corporate emerging-markets bonds, global high-yield bonds and senior loans.
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