Miller/Howard High Income Equity Fund (HIE) to Issue Monthly Dividend of $0.05 on October 31st

Miller/Howard High Income Equity Fund (NYSE:HIE) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Thursday, October 24th will be paid 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 of this dividend is Thursday, October 24th.

Miller/Howard High Income Equity Fund Price Performance

Shares of NYSE:HIE opened at $12.25 on Thursday. The business’s 50 day simple moving average is $11.83 and its 200-day simple moving average is $11.36. Miller/Howard High Income Equity Fund has a 12 month low of $9.49 and a 12 month high of $12.44.

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.