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

Looking at the universe of stocks we cover at Dividend Channel, on 9/19/14, Nexpoint Credit Strategies Fund ( NHF) will trade ex-dividend, for its monthly dividend of $0.06, payable on 9/30/14. As a percentage of NHF's recent stock price of $11.15, this dividend works out to approximately 0.54%, so look for shares of Nexpoint Credit Strategies Fund to trade 0.54% lower — all else being equal — when NHF shares open for trading on 9/19/14.

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Below is a dividend history chart for NHF, showing historical dividends prior to the most recent $0.06 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 6.46% 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 $7.52 per share, with $12.43 as the 52 week high point — that compares with a last trade of $11.14.

In Wednesday trading, Nexpoint Credit Strategies Fund shares are currently off about 0.5% on the day.

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