Saba Capital Income & Opportunities Fund Announces Monthly Dividend of $0.09 (NYSEARCA:BRW)

Posted by Financial News Live on May 2nd, 2024

Saba Capital Income & Opportunities Fund (NYSEARCA:BRW – Get Free Report) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Thursday, May 9th will be paid a dividend of 0.085 per share on Friday, May 31st. This represents a $1.02 annualized dividend and a yield of 13.99%. The ex-dividend date of this dividend is Wednesday, May 8th.

Saba Capital Income & Opportunities Fund Stock Up 0.6 %

Saba Capital Income & Opportunities Fund stock traded up $0.04 during mid-day trading on Thursday, hitting $7.29. 108,579 shares of the company’s stock traded hands, compared to its average volume of 195,749. The firm has a 50 day moving average price of $7.25 and a 200 day moving average price of $7.45. Saba Capital Income & Opportunities Fund has a one year low of $7.02 and a one year high of $8.07.

Saba Capital Income & Opportunities Fund Company Profile

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Saba Capital Income & Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is managed by Saba Capital Management, L.P. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.