Cohen & Steers MLP Income (NYSE:MIE) declared an annual dividend on Wednesday, March 28th, NASDAQ reports. Stockholders of record on Wednesday, April 18th will be paid a dividend of 0.077 per share on Monday, April 30th. This represents a dividend yield of 0.85%. The ex-dividend date is Tuesday, April 17th.
Cohen & Steers MLP Income has decreased its dividend by an average of 10.2% annually over the last three years.
Shares of NYSE:MIE traded up $0.06 during midday trading on Thursday, reaching $9.60. 6,519 shares of the company’s stock traded hands, compared to its average volume of 113,711. Cohen & Steers MLP Income has a one year low of $8.86 and a one year high of $11.60.
About Cohen & Steers MLP Income
Cohen & Steers MLP Income and Energy Opportunity Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide attractive total return, consisted of high current income and price appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in energy-related master limited partnerships (MLPs) and companies that are involved in the exploration, production, gathering, transportation, processing, storage, refining, distribution or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or other energy sources (related companies).
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