Miller/Howard High Income Equity Fund Declares Monthly Distributions for the Month of April, May and June, Payable on April 30, 2020, May 29, 2020 and June 30, 2020, Respectively
April 01, 2020 at 02:45 pm
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The Board of Trustees of the Miller/Howard High Income Equity Fund declared cash distributions of $0.040 per share for each of April 2020, Ex date on April 22, 2020, record date on April 23, 2020 and payable on April 30, 2020.
For the month of May 2020 the company declared cash dividend of $0.040 per share, Ex date on May 21, 2020, record date on May 22, 2020 and payable on May 29, 2020.
For the month of June 2020 the company declared cash dividend of $0.040 per share, Ex date on June 22, 2020, record date on June 23, 2020 and payable on June 30, 2020. This is a decrease from the previous monthly distribution of $0.116 per share.
Miller/Howard High Income Equity Fund (the Fund) is a closed-end, diversified management investment company. The Fund's primary objective is to provide high current income with capital appreciation. The Fund invests, under normal market conditions, at least 80% of its total assets in dividend or distribution paying equity securities of United States companies and non- United States companies traded on United States exchanges. The Fund may invest in equity securities including common stocks, preferred stocks, convertible securities, warrants, depository receipts and equity interests in trust and other entities. The Fund may also invest up to 25% of its total assets in securities of master limited partnerships (MLPs). The Fund invests in various sectors, which include oil and gas extraction, insurance carriers, natural gas transmission, real estate investment trusts, petroleum refining, eating places, and others. The Fundâs investment advisor is Miller/Howard Investments, Inc.
Miller/Howard High Income Equity Fund Declares Monthly Distributions for the Month of April, May and June, Payable on April 30, 2020, May 29, 2020 and June 30, 2020, Respectively