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

Miller/Howard High Income Equity Fund (NYSE:HIE) declared a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Investors of record on Monday, September 23rd will be paid a dividend of 0.051 per share on Monday, September 30th. This represents a $0.61 annualized dividend and a yield of 5.49%. The ex-dividend date is Monday, September 23rd.

Miller/Howard High Income Equity Fund Price Performance

NYSE:HIE remained flat at $11.15 during midday trading on Wednesday. The company had a trading volume of 4,714 shares, compared to its average volume of 34,494. Miller/Howard High Income Equity Fund has a 52 week low of $9.49 and a 52 week high of $11.41. The company’s 50 day simple moving average is $11.13 and its 200-day simple moving average is $10.85.

Miller/Howard High Income Equity Fund Company Profile

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.