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Delaware Enhanced Global Dividend and Income Fund - DEX STOCK NEWS

Welcome to our dedicated page for Delaware Enhanced Global Dividend and Income Fund news (Ticker: DEX), a resource for investors and traders seeking the latest updates and insights on Delaware Enhanced Global Dividend and Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Delaware Enhanced Global Dividend and Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Delaware Enhanced Global Dividend and Income Fund's position in the market.

Rhea-AI Summary

Delaware Enhanced Global Dividend and Income Fund (DEX) announced a tender offer to buy back up to 30% of its outstanding shares, contingent on shareholder approval. The offer will begin on January 12, 2023, and end on February 10, 2023, with share purchases priced at 98% of the Fund’s net asset value. Approval is required at the Special Shareholder Meeting on December 12, 2022. Recent trading indicates shares have been at a discount to net asset value. The Fund aims for income and capital appreciation through diversified investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
Tags
dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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none
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Rhea-AI Summary

Delaware Enhanced Global Dividend and Income Fund (DEX) declared a monthly distribution of $0.0491 per share, payable on November 25, 2022. Shareholders on record by November 18, 2022 will receive this distribution. The Fund aims for capital appreciation while prioritizing current income, investing at least 80% of assets in dividend-paying securities globally. It follows a managed distribution policy targeting a 7.0% annual distribution rate based on average net asset value (NAV).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
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none
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Rhea-AI Summary

Delaware Enhanced Global Dividend and Income Fund (DEX) has declared a monthly distribution of $0.0505 per share, payable on October 28, 2022, to shareholders of record as of October 21, 2022. The ex-dividend date is set for October 20, 2022. The Fund aims for a 7.0% annual distribution rate based on the average net asset value per share. It invests primarily in income-generating securities globally, with at least 40% in non-US securities and utilizes leverage for potential higher returns. A managed distribution policy is in place, emphasizing income generation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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none
Rhea-AI Summary

Delaware Enhanced Global Dividend and Income Fund (DEX) has announced a monthly distribution of $0.0519 per share, payable on September 30, 2022, to shareholders of record by September 23, 2022. The Fund's investment strategy focuses on generating income by investing at least 80% of its assets in dividend-paying securities, while utilizing enhanced income strategies. Under its managed distribution policy, the Fund targets a 7.0% annual distribution rate based on its average net asset value. Investors should note the potential for returns of capital in distributions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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none
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Rhea-AI Summary

Delaware Enhanced Global Dividend and Income Fund (DEX) announced its board's approval for a reorganization into the Global Dynamic Dividend Fund (AGD). The reorganization is expected to finalize in Q1 2023, pending shareholder approvals and customary closing conditions. Delaware Management Company manages the Acquired Fund while Aberdeen Asset Managers Limited advises the Acquiring Fund. Shareholders are urged to review the upcoming Proxy Statement/Prospectus for comprehensive details regarding investment objectives and risks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.16%
Tags
dividends
Rhea-AI Summary

Delaware Enhanced Global Dividend and Income Fund (DEX) declared a monthly distribution of $0.0526 per share, payable on August 26, 2022, to shareholders of record on August 19, 2022. The ex-dividend date is August 18, 2022. The Fund targets a 7.0% annual distribution rate, primarily derived from net investment income and short-term capital gains. It also invests at least 80% of its assets in dividend-paying securities across various asset classes. The Fund employs a managed distribution policy aimed at consistent income for shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
dividends

FAQ

What is the market cap of Delaware Enhanced Global Dividend and Income Fund (DEX)?

The market cap of Delaware Enhanced Global Dividend and Income Fund (DEX) is approximately 80.3M.

Delaware Enhanced Global Dividend and Income Fund

NYSE:DEX

DEX Rankings

DEX Stock Data

80.29M
Link
US
Philadelphia