Neuberger Berman California Municipal Fund Inc. (NYSE:NBW) to Issue $0.05 Monthly Dividend

Neuberger Berman California Municipal Fund Inc. (NYSE:NBW) declared a monthly dividend on Thursday, October 15th, Zacks reports. Stockholders of record on Friday, October 30th will be paid a dividend of 0.045 per share on Monday, November 16th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Thursday, October 29th.

Shares of NYSE NBW opened at $13.00 on Wednesday. The business’s 50-day moving average price is $13.06 and its two-hundred day moving average price is $12.93. Neuberger Berman California Municipal Fund has a one year low of $10.28 and a one year high of $14.81.

About Neuberger Berman California Municipal Fund

Neuberger Berman California Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and California state personal tax.

See Also: Technical Indicators – What is a Golden Cross?

Dividend History for Neuberger Berman California Municipal Fund (NYSE:NBW)

Receive News & Ratings for Neuberger Berman California Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman California Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.