New Germany Fund Inc (NYSE:GF) Director Wolfgang Helmut Leoni bought 703 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average cost of $14.23 per share, with a total value of $10,003.69. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of NYSE:GF traded up $0.26 during midday trading on Thursday, hitting $14.53. 2,654 shares of the stock were exchanged, compared to its average volume of 18,976. New Germany Fund Inc has a 52-week low of $11.27 and a 52-week high of $19.79.
The company also recently disclosed a semiannual dividend, which will be paid on Friday, June 28th. Investors of record on Monday, May 20th will be issued a dividend of $0.0158 per share. The ex-dividend date of this dividend is Friday, May 17th. This represents a dividend yield of 0.22%.
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New Germany Fund Company Profile
The New Germany Fund Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors.
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