Miller/Howard High Income Equity Fund Announces Monthly Dividend of $0.05 (NYSE:HIE)

Miller/Howard High Income Equity Fund (NYSE:HIE) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Thursday, October 24th will be given a dividend of 0.051 per share on Thursday, October 31st. This represents a $0.61 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date is Thursday, October 24th.

Miller/Howard High Income Equity Fund Stock Performance

NYSE:HIE opened at $12.25 on Thursday. Miller/Howard High Income Equity Fund has a 12-month low of $9.49 and a 12-month high of $12.44. The company’s 50-day moving average is $11.83 and its two-hundred day moving average is $11.36.

About Miller/Howard High Income Equity Fund

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies.