Nuveen Glb High Inc Fund: Dividend Insights
Portfolio Pulse from Benzinga Insights
Nuveen Glb High Inc Fund (NYSE:JGH) has announced a monthly dividend of 10.35 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 10.35 cents lower. Shareholders owning JGH by the end of Wednesday's session will be eligible for the dividend, which will be paid out on October 02, 2023.
September 11, 2023 | 2:45 pm
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Nuveen Glb High Inc Fund (JGH) has announced a monthly dividend of 10.35 cents per share. This could lead to a temporary decrease in the stock price as it goes ex-dividend.
When a company announces a dividend, the stock price typically decreases by approximately the amount of the dividend on the ex-dividend date. This is because new buyers of the stock will not receive the dividend. In this case, JGH has announced a dividend of 10.35 cents per share, which could lead to a temporary decrease in the stock price.
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