NB Global Floating Rate Income Fund Ltd (LON:NBLS) insider David Staples acquired 25,000 shares of the business’s stock in a transaction dated Thursday, June 14th. The shares were bought at an average cost of GBX 94 ($1.25) per share, for a total transaction of £23,500 ($31,287.45).
NB Global Floating Rate Income Fund opened at GBX 94.50 ($1.26) on Friday, MarketBeat Ratings reports. NB Global Floating Rate Income Fund Ltd has a twelve month low of GBX 90.90 ($1.21) and a twelve month high of GBX 100.20 ($1.33).
The business also recently disclosed a dividend, which was paid on Friday, May 25th. Stockholders of record on Thursday, April 19th were given a dividend of GBX 0.80 ($0.01) per share. The ex-dividend date was Thursday, April 19th. This represents a dividend yield of 0.86%. This is a positive change from NB Global Floating Rate Income Fund’s previous dividend of $0.79.
About NB Global Floating Rate Income Fund
NB Global Floating Rate Income Fund Limited is a closed-ended investment company. The Company’s investment objective is to provide its shareholders with regular dividends, at levels that are sustainable, whilst preserving the capital value of its investment portfolio. To pursue its investment objective, the Company invests mainly in floating rate senior secured loans issued in the United States Dollars, Sterling and Euros by primarily North American and European Union corporations, partnerships and other business issuers.
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