HGLB Highland Global Allocation Fund — distribution yield, history & ex-dividend dates
$7.31
▲
$0.05(0.69%)
as of Sep 14, 2026 03:06 UTC
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Highland Global Allocation Fund (HGLB) is structured as a closed-end investment vehicle. Its primary objective is to foster sustained capital appreciation and generate a steady stream of income over the long term. The fund accomplishes these goals by strategically deploying capital into a diverse portfolio comprising both domestic and international equities, fixed-income instruments, and money market assets. Established on April 9, 2013, its principal operations are based in Dallas, Texas.
Distribution Snapshot
StatusGrowing
Latest Distribution$0.0850
Forward Annual$1.02
FrequencyMonthly
Last Ex-DateSep 23, 2026
Next Ex-DateSep 23, 2026
Next Pay DateSep 30, 2026
1-Yr Growth8.6%Annual totals, 2024–2025
Key Metrics
Distribution Yield
13.95%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Distribution
$1.0200
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
M Monthly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
53.5
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
36
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$7.24 – $10.46
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
n/a
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
7
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (FY2025)
0.69
At fiscal year-end, Sep 30, 2025
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
S
Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 53/100, yield 13.95%.
A
Accelerating
Dividend growth has stalled — 1 consecutive annual increase(s), under the 3 this check looks for.
F
Flawless
No dividend cut in the available payment record.
E
Enduring
7 year(s) of payments on record, under the 20 this check looks for.
Quote & Key Data
ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume23,714Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$7.33Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$7.28 – $7.40Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$7.26Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$172.45MAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out23.59MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPSn/aEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/En/aPrice-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DistributionSep 23, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateSep 30, 2026The date the dividend is actually paid into shareholders' accounts.
Distribution Growth
3-Yr Growth (CAGR)2.8%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)0.9%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases1 yrAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.
Why the Yield Moved (90 Days)
HGLB's distribution yield rose from 12.90% to 13.95% over the past ~90 days (+1.06 pp). Of that move, +0.00 pp came from changes in the distribution rate and +1.06 pp from the share price ($7.91 on Jun 16, 2026 → $7.31 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Current13.95%
1-Yr Average12.19%
Low / High10.10% – 14.09%
Percentile99%
Across 304 daily observations over the past 14 months (through Sep 11, 2026), HGLB's current yield is higher than approximately 99% of them. Our stored price history for HGLB covers the past 14 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Distribution History
Distribution Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.0850 M | Regular | Jul 01, 2026 | Sep 23, 2026 | Sep 23, 2026 | Sep 30, 2026 |
| $0.0850 M | Regular | Jul 01, 2026 | Aug 24, 2026 | Aug 24, 2026 | Aug 31, 2026 |
| $0.0850 M | Regular | Jul 01, 2026 | Jul 24, 2026 | Jul 24, 2026 | Jul 31, 2026 |
| $0.0850 M | Regular | Apr 01, 2026 | Jun 23, 2026 | Jun 23, 2026 | Jun 30, 2026 |
| $0.0850 M | Regular | Apr 01, 2026 | May 22, 2026 | May 22, 2026 | May 29, 2026 |
| $0.0850 M | Regular | Apr 01, 2026 | Apr 23, 2026 | Apr 23, 2026 | Apr 30, 2026 |
| $0.0850 M | Regular | Jan 02, 2026 | Mar 24, 2026 | Mar 24, 2026 | Mar 31, 2026 |
| $0.0850 M | Regular | Jan 02, 2026 | Feb 20, 2026 | Feb 20, 2026 | Feb 27, 2026 |
| $0.0850 M | Regular | Jan 02, 2026 | Jan 23, 2026 | Jan 23, 2026 | Jan 30, 2026 |
| $0.0880 M | Regular | Oct 01, 2025 | Dec 24, 2025 | Dec 24, 2025 | Dec 31, 2025 |
| $0.0880 M | Regular | Oct 01, 2025 | Nov 21, 2025 | Nov 21, 2025 | Nov 28, 2025 |
| $0.0880 M | Regular | Oct 01, 2025 | Oct 24, 2025 | Oct 24, 2025 | Oct 31, 2025 |
| $0.0880 M | Regular | Jul 01, 2025 | Sep 23, 2025 | Sep 23, 2025 | Sep 30, 2025 |
| $0.0880 M | Regular | Jul 01, 2025 | Aug 22, 2025 | Aug 22, 2025 | Aug 29, 2025 |
| $0.0880 M | Regular | Jul 01, 2025 | Jul 24, 2025 | Jul 24, 2025 | Jul 31, 2025 |
| $0.0880 M | Regular | Apr 01, 2025 | Jun 23, 2025 | Jun 23, 2025 | Jun 30, 2025 |
| $0.0880 M | Regular | Apr 01, 2025 | May 23, 2025 | May 23, 2025 | May 30, 2025 |
| $0.0880 M | Regular | Apr 01, 2025 | Apr 23, 2025 | Apr 23, 2025 | Apr 30, 2025 |
| $0.0880 M | Regular | Jan 02, 2025 | Mar 24, 2025 | Mar 24, 2025 | Mar 31, 2025 |
| $0.0880 M | Regular | Jan 02, 2025 | Feb 21, 2025 | Feb 21, 2025 | Feb 28, 2025 |
| $0.0880 M | Regular | Jan 02, 2025 | Jan 24, 2025 | Jan 24, 2025 | Jan 31, 2025 |
| $0.0810 M | Regular | Oct 01, 2024 | Dec 24, 2024 | Dec 24, 2024 | Dec 31, 2024 |
| $0.0810 M | Regular | Oct 01, 2024 | Nov 22, 2024 | Nov 22, 2024 | Nov 29, 2024 |
| $0.0810 M | Regular | Oct 01, 2024 | Oct 24, 2024 | Oct 24, 2024 | Oct 31, 2024 |
| $0.0810 M | Regular | Jul 01, 2024 | Sep 23, 2024 | Sep 23, 2024 | Sep 30, 2024 |
| $0.0810 M | Regular | Jul 01, 2024 | Aug 23, 2024 | Aug 23, 2024 | Aug 30, 2024 |
| $0.0810 M | Regular | Jul 01, 2024 | Jul 24, 2024 | Jul 24, 2024 | Jul 31, 2024 |
| $0.0810 M | Regular | Apr 01, 2024 | Jun 21, 2024 | Jun 21, 2024 | Jun 28, 2024 |
| $0.0810 M | Regular | - | May 23, 2024 | May 24, 2024 | May 31, 2024 |
| $0.0810 M | Regular | Apr 01, 2024 | Apr 22, 2024 | Apr 23, 2024 | Apr 30, 2024 |
| $0.0810 M | Regular | Jan 02, 2024 | Mar 20, 2024 | Mar 21, 2024 | Mar 28, 2024 |
| $0.0810 M | Regular | Jan 02, 2024 | Feb 21, 2024 | Feb 22, 2024 | Feb 29, 2024 |
| $0.0810 M | Regular | Jan 02, 2024 | Jan 23, 2024 | Jan 24, 2024 | Jan 31, 2024 |
| $0.0840 M | Regular | Oct 02, 2023 | Dec 21, 2023 | Dec 22, 2023 | Dec 29, 2023 |
| $0.0840 M | Regular | Oct 02, 2023 | Nov 21, 2023 | Nov 22, 2023 | Nov 30, 2023 |
| $0.0840 M | Regular | Oct 02, 2023 | Oct 23, 2023 | Oct 24, 2023 | Oct 31, 2023 |
| $0.0840 M | Regular | Jul 05, 2023 | Sep 21, 2023 | Sep 22, 2023 | Sep 29, 2023 |
| $0.0840 M | Regular | Jul 05, 2023 | Aug 23, 2023 | Aug 24, 2023 | Aug 31, 2023 |
| $0.0840 M | Regular | Jul 05, 2023 | Jul 21, 2023 | Jul 24, 2023 | Jul 31, 2023 |
| $0.0840 M | Regular | Apr 03, 2023 | Jun 22, 2023 | Jun 23, 2023 | Jun 30, 2023 |
| $0.0840 M | Regular | Apr 03, 2023 | May 22, 2023 | May 23, 2023 | May 31, 2023 |
| $0.0840 M | Regular | Apr 03, 2023 | Apr 20, 2023 | Apr 21, 2023 | Apr 28, 2023 |
| $0.0840 M | Regular | Jan 03, 2023 | Mar 23, 2023 | Mar 24, 2023 | Mar 31, 2023 |
| $0.0840 M | Regular | Jan 03, 2023 | Feb 17, 2023 | Feb 21, 2023 | Feb 28, 2023 |
| $0.0840 M | Regular | Jan 03, 2023 | Jan 20, 2023 | Jan 23, 2023 | Jan 31, 2023 |
| $0.0810 M | Regular | Oct 03, 2022 | Dec 22, 2022 | Dec 23, 2022 | Dec 30, 2022 |
| $0.0810 M | Regular | Oct 03, 2022 | Nov 22, 2022 | Nov 23, 2022 | Nov 30, 2022 |
| $0.0810 M | Regular | Oct 03, 2022 | Oct 21, 2022 | Oct 24, 2022 | Oct 31, 2022 |
| $0.0810 M | Regular | Jul 01, 2022 | Sep 22, 2022 | Sep 23, 2022 | Sep 30, 2022 |
| $0.0810 M | Regular | Jul 01, 2022 | Aug 23, 2022 | Aug 24, 2022 | Aug 31, 2022 |
| $0.0810 M | Regular | Jul 01, 2022 | Jul 21, 2022 | Jul 22, 2022 | Jul 29, 2022 |
| $0.0810 M | Regular | Apr 01, 2022 | Jun 22, 2022 | Jun 23, 2022 | Jun 30, 2022 |
| $0.0810 M | Regular | Apr 01, 2022 | May 23, 2022 | May 24, 2022 | May 31, 2022 |
| $0.0810 M | Regular | Apr 01, 2022 | Apr 21, 2022 | Apr 22, 2022 | Apr 29, 2022 |
| $0.0810 M | Regular | - | Mar 23, 2022 | Mar 24, 2022 | Mar 31, 2022 |
| $0.0810 M | Regular | Jan 03, 2022 | Feb 17, 2022 | Feb 21, 2022 | Feb 28, 2022 |
| $0.0810 M | Regular | Jan 03, 2022 | Jan 21, 2022 | Jan 24, 2022 | Jan 31, 2022 |
| $0.0710 M | Regular | Oct 01, 2021 | Dec 22, 2021 | Dec 23, 2021 | Dec 31, 2021 |
| $0.0710 M | Regular | Oct 01, 2021 | Nov 22, 2021 | Nov 23, 2021 | Nov 30, 2021 |
| $0.0710 M | Regular | Oct 01, 2021 | Oct 21, 2021 | Oct 22, 2021 | Oct 29, 2021 |
| $0.0710 M | Regular | Jul 01, 2021 | Sep 22, 2021 | Sep 23, 2021 | Sep 30, 2021 |
| $0.0710 M | Regular | Jul 01, 2021 | Aug 23, 2021 | Aug 24, 2021 | Aug 31, 2021 |
| $0.0710 M | Regular | Jul 01, 2021 | Jul 22, 2021 | Jul 23, 2021 | Jul 30, 2021 |
| $0.0710 M | Regular | Apr 02, 2021 | Jun 22, 2021 | Jun 23, 2021 | Jun 30, 2021 |
| $0.0710 M | Regular | Apr 02, 2021 | May 20, 2021 | May 24, 2021 | May 31, 2021 |
| $0.0710 M | Regular | Apr 02, 2021 | Apr 22, 2021 | Apr 23, 2021 | Apr 30, 2021 |
| $0.0710 M | Regular | Jan 12, 2021 | Mar 23, 2021 | Mar 24, 2021 | Mar 31, 2021 |
| $0.0710 M | Regular | Jan 12, 2021 | Feb 18, 2021 | Feb 19, 2021 | Feb 26, 2021 |
| $0.0710 M | Regular | Jan 12, 2021 | Jan 25, 2021 | Jan 26, 2021 | Jan 29, 2021 |
| $0.0840 M | Regular | Jan 08, 2020 | Dec 21, 2020 | Dec 22, 2020 | Dec 31, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Nov 20, 2020 | Nov 23, 2020 | Nov 30, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Oct 23, 2020 | Oct 26, 2020 | Oct 30, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Sep 21, 2020 | Sep 22, 2020 | Sep 30, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Aug 24, 2020 | Aug 25, 2020 | Aug 31, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Jul 23, 2020 | Jul 24, 2020 | Jul 31, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Jun 22, 2020 | Jun 23, 2020 | Jun 30, 2020 |
| $0.0840 M | Regular | - | May 21, 2020 | May 22, 2020 | May 29, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Apr 22, 2020 | Apr 23, 2020 | Apr 30, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Mar 23, 2020 | Mar 24, 2020 | Mar 31, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Feb 20, 2020 | Feb 21, 2020 | Feb 28, 2020 |
| $0.0840 M | Regular | Jan 08, 2020 | Jan 23, 2020 | Jan 24, 2020 | Jan 31, 2020 |
| $0.1060 M | Regular | Mar 07, 2019 | Dec 20, 2019 | Dec 23, 2019 | Dec 31, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Nov 20, 2019 | Nov 21, 2019 | Nov 29, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Oct 23, 2019 | Oct 24, 2019 | Oct 31, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Sep 20, 2019 | Sep 23, 2019 | Sep 30, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Aug 22, 2019 | Aug 23, 2019 | Aug 30, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Jul 23, 2019 | Jul 24, 2019 | Jul 31, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Jun 20, 2019 | Jun 21, 2019 | Jun 28, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | May 22, 2019 | May 23, 2019 | May 31, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Apr 22, 2019 | Apr 23, 2019 | Apr 30, 2019 |
| $0.1060 M | Regular | Mar 07, 2019 | Mar 21, 2019 | Mar 22, 2019 | Mar 29, 2019 |
Peer Comparison
Selected closed-end fund distribution payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| ENI-UN.TO | Energy Income Fund | 5.02% | 0.0% | 0 yrs | 88 |
| SOR | Source Capital, Inc. | 5.42% | 8.8% | 0 yrs | 87 |
| MXF | The Mexico Fund, Inc. | 6.57% | 16.9% | 4 yrs | 85 |
| FCR-UN.TO | First Capital Real Estate Investment Trust | 4.03% | 0.6% | 1 yr | 84 |
Related Guides & Lists
HGLB dividend — frequently asked questions
Does Highland Global Allocation Fund pay a dividend?
Yes. Highland Global Allocation Fund (HGLB) currently pays a dividend. The annualized dividend is about $1.02 per share, a yield of approximately 13.95%.
What is Highland Global Allocation Fund's dividend yield?
Highland Global Allocation Fund's dividend yield is approximately 13.95%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Highland Global Allocation Fund pay dividends?
Highland Global Allocation Fund pays dividends monthly — 12 times per year.
When is Highland Global Allocation Fund's next ex-dividend date?
The next ex-dividend date on record for Highland Global Allocation Fund is September 23, 2026. The associated payment is $0.0850 per share; you must own the shares before the ex-dividend date to receive it.
How long has Highland Global Allocation Fund paid dividends?
Highland Global Allocation Fund has 7 years of dividend payments on record.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.