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HGLB Dividend

Highland Global Allocation Fund

NYSEFinancial ServicesStockData as of
Dividend yield
18.86%
Annual dividend
$1.03
Payout ratio
0.31
Frequency
Monthly
Share price
$5.44
Market cap
$128M

Next payment

Ex-dividend date: Pay date: Amount: $0.0850

You must own the shares before the ex-dividend date to receive this payment.

Is HGLB a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 18.86%, the yield is more than three times the median of 2.81% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Dividend is comfortably coveredA payout ratio of 0.31 means roughly 31% of earnings go to the dividend, leaving room to keep paying through a weaker year.
  • Dividend has been cut 3 timesAcross 7 complete years, the annual total fell in 2020, 2021, 2024. The most recent reduction was in 2024.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

HGLB dividend history

Annual dividend per share, 2019 to 2025.

2019202120232025
Peak $1.06 in 2019Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for HGLB, most recent first.
Ex-dividend datePay dateAmountType
$0.0850Monthly
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$0.0880Monthly
$0.0880Monthly
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$0.0810Monthly
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$0.0840Monthly
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$0.0840Monthly

How much would HGLB pay you?

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Calculate HGLB dividend income →

HGLB appears in

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Frequently asked questions

Does HGLB pay a dividend?
Yes. Highland Global Allocation Fund pays a monthly dividend, currently yielding 18.86% based on trailing twelve-month payments of $1.03 per share.
How much does HGLB pay in dividends?
$1.03 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next HGLB ex-dividend date?
The next ex-dividend date on record is November 23, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.