Cash Dividend On The Way From Nexpoint Credit Strategies Fund (NHF)

Looking at the universe of stocks we cover at Dividend Channel, on 4/23/13, Nexpoint Credit Strategies Fund (NHF) will trade ex-dividend, for its monthly dividend of $0.042, payable on 4/30/13. As a percentage of NHF's recent stock price of $7.63, this dividend works out to approximately 0.55%, so look for shares of Nexpoint Credit Strategies Fund to trade 0.55% lower — all else being equal — when NHF shares open for trading on 4/23/13.

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Below is a dividend history chart for NHF, showing historical dividends prior to the most recent $0.042 declared by Nexpoint Credit Strategies Fund:

NHF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NHF is likely to continue, and whether the current estimated yield of 6.61% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NHF shares, versus its 200 day moving average:

Nexpoint Credit Strategies Fund 200 Day Moving Average Chart

Looking at the chart above, NHF's low point in its 52 week range is $6.00 per share, with $7.76 as the 52 week high point — that compares with a last trade of $7.63.

In Friday trading, Nexpoint Credit Strategies Fund shares are currently trading flat on the day.

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