Neuberger Berman Next Generation Connectivity Fund Inc. Announces Distribution Declaration

In a press release dated January 31, 2025, Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) declared a distribution of $0.10 per share of common stock. This distribution is great news for investors, as it demonstrates the Fund’s commitment to providing value to its shareholders.

Details of the Distribution

The distribution of $0.10 per share of common stock will be payable on February 28, 2025. Investors who own shares of the Fund as of the record date of February 18, 2025, will be eligible to receive the distribution. The ex-date for the distribution is also February 18, 2025.

What Does This Mean for Investors?

For investors in Neuberger Berman Next Generation Connectivity Fund Inc., this distribution declaration is a welcome development. It provides them with a cash payout that they can use as they see fit. Whether reinvesting it back into the Fund or using it for other purposes, this distribution represents a return on their investment.

What Does This Mean for the World?

From a broader perspective, this distribution declaration from Neuberger Berman Next Generation Connectivity Fund Inc. is a reflection of the Fund’s confidence in the future of connectivity technology. By investing in companies at the forefront of this industry, the Fund is not only providing returns to its shareholders but also supporting innovation and progress in the world of connectivity.

Conclusion

The distribution declaration of $0.10 per share of common stock by Neuberger Berman Next Generation Connectivity Fund Inc. is a positive development for investors and a testament to the Fund’s belief in the future of connectivity technology. This distribution represents more than just a cash payout – it is a sign of the Fund’s commitment to providing value to its shareholders and supporting innovation in the world of connectivity.