Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Rating) announced a monthly dividend on Friday, December 2nd, Wall Street Journal reports. Stockholders of record on Thursday, December 15th will be paid a dividend of 0.10 per share on Friday, December 30th. This represents a $1.20 annualized dividend and a dividend yield of 12.33%. The ex-dividend date of this dividend is Wednesday, December 14th.

Neuberger Berman Next Generation Connectivity Fund Stock Performance

Neuberger Berman Next Generation Connectivity Fund stock opened at 9.73 on Tuesday. Neuberger Berman Next Generation Connectivity Fund has a 1-year low of 8.71 and a 1-year high of 17.66. The stock's fifty day moving average is 9.54 and its two-hundred day moving average is 10.17.

Institutional Trading of Neuberger Berman Next Generation Connectivity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors increased its position in shares of Neuberger Berman Next Generation Connectivity Fund by 28.2% during the third quarter. Captrust Financial Advisors now owns 17,384 shares of the company's stock worth $164,000 after purchasing an additional 3,825 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Neuberger Berman Next Generation Connectivity Fund during the third quarter worth about $227,000. Royal Bank of Canada increased its position in shares of Neuberger Berman Next Generation Connectivity Fund by 44.2% during the third quarter. Royal Bank of Canada now owns 300,170 shares of the company's stock worth $2,833,000 after purchasing an additional 92,051 shares in the last quarter. First Republic Investment Management Inc. increased its position in shares of Neuberger Berman Next Generation Connectivity Fund by 3.9% during the second quarter. First Republic Investment Management Inc. now owns 55,941 shares of the company's stock worth $555,000 after purchasing an additional 2,106 shares in the last quarter. Finally, Kore Private Wealth LLC acquired a new stake in shares of Neuberger Berman Next Generation Connectivity Fund during the second quarter worth about $159,000.

About Neuberger Berman Next Generation Connectivity Fund

Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.

The Fund's investment strategy focuses on equity securities issued by U.S.

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