Miller/Howard High Income Equity Fund Declares Cash Distributions for Each of January, February, and March 2021, Payable on January 29, 2021, February 26, 2021 and March 31, 2021 Respectively
December 15, 2020 at 08:45 am EST
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The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) declared cash distributions of $0.048 per share for each of January, February, and March 2021. This is a 20% increase from the previous monthly distribution of $0.040 per share. payable date for January, February, and March 2021 is January 29, 2021, February 26, 2021 and March 31, 2021 respectively. Record date for January, February, and March 2021 is January 22, 2021, February 19, 2021 and March 24, 2021 respectively. Ex-Date for January, February, and March 2021 is January 21, 2021, February 18, 2021 and March 23, 2021 respectively.
Miller/Howard High Income Equity Fund (the Fund) is a closed-end, diversified management investment company. The Fund's primary objective is to provide high current income with capital appreciation. The Fund invests, under normal market conditions, at least 80% of its total assets in dividend or distribution paying equity securities of United States companies and non- United States companies traded on United States exchanges. The Fund may invest in equity securities including common stocks, preferred stocks, convertible securities, warrants, depository receipts and equity interests in trust and other entities. The Fund may also invest up to 25% of its total assets in securities of master limited partnerships (MLPs). The Fund invests in various sectors, which include oil and gas extraction, insurance carriers, natural gas transmission, real estate investment trusts, petroleum refining, eating places, and others. The Fundâs investment advisor is Miller/Howard Investments, Inc.
Miller/Howard High Income Equity Fund Declares Cash Distributions for Each of January, February, and March 2021, Payable on January 29, 2021, February 26, 2021 and March 31, 2021 Respectively