MILLER/HOWARD HIGH INCOME EQUITY FUND DECLARES MONTHLY DISTRIBUTION
01 October 2024 - 10:45PM
The Board of Trustees of the Miller/Howard High Income Equity Fund
(NYSE: HIE) (the “Fund”) declares a cash distribution of $0.051 per
share for October 2024.
HIE: CUSIP–600379 101
Declaration |
Ex-Date |
Record |
Payable |
October 1, 2024 |
October 24, 2024 |
October 24, 2024 |
October 31, 2024 |
The Fund’s current indicated distribution rate based on its
closing price on the New York Stock Exchange on September 30, 2024
($12.19) is 5.02%. The current indicated rate based on the Fund’s
net asset value per share ($12.41) is 4.93%.
Each quarter, the Board of Trustees reviews the Adviser’s
recommended amount of any potential distribution to shareholders.
The Board of Trustees will monitor the Fund’s distribution level.
The Fund’s distribution rate may be affected by numerous factors,
including changes in realized and projected market returns, Fund
performance and other factors. There can be no assurance that an
unanticipated change in market conditions or other unforeseen
factors will not result in a change in the Fund’s distribution rate
at a future time. The distribution rate should not be considered
the dividend yield or total return on an investment in the
Fund.
About the FundThe Miller/Howard High Income Equity Fund
seeks high current income, and secondarily long-term capital
appreciation, by investing in high-yielding equities strategically
allocated across multiple sectors and industries focusing on
companies that we view to have a high current yield, growth of
dividends and financial strength. The Fund has a 10-year term
limit. It will terminate on November 22, 2024. Upon termination of
the Fund, shareholders will receive the NAV per share.
The Fund is managed by Miller/Howard Investments Inc., based in
Kingston, New York. Miller/Howard Investments Inc.’s total firm
assets as of June 30, 2024 were approximately $3.4 billion,
including $0.3 billion in assets under advisement. Miller/Howard
Investments Inc. focuses on income-producing equities, with an
emphasis on high-quality stocks with high yield and strong
prospects for dividend growth, offering investors the opportunity
for capital appreciation, current income, and growth of income. The
firm has managed portfolios for major institutions and individuals
for over three decades.
For information, call shareholder servicing:Equiniti
Trust Company, LLC1-800-937-5449
Catherine Johnston
Miller/Howard Investments Inc.
845-679-9166
cjohnston@mhinvest.com
Miller Howard High Incom... (NYSE:HIE)
Historical Stock Chart
From Dec 2024 to Jan 2025
Miller Howard High Incom... (NYSE:HIE)
Historical Stock Chart
From Jan 2024 to Jan 2025