Nuveen Global High Income Fund (NYSE:JGH) Plans Dividend Increase – $0.10 Per Share

Nuveen Global High Income Fund (NYSE:JGH) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.104 per share on Friday, November 1st. This represents a $1.25 dividend on an annualized basis and a yield of 9.36%. The ex-dividend date of this dividend is Tuesday, October 15th. This is a boost from Nuveen Global High Income Fund’s previous monthly dividend of $0.10.

Nuveen Global High Income Fund Stock Performance

JGH stock opened at $13.34 on Monday. Nuveen Global High Income Fund has a twelve month low of $10.36 and a twelve month high of $13.41. The stock’s 50 day moving average is $12.98 and its 200-day moving average is $12.80.

About Nuveen Global High Income Fund

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.