Salient Midstream & MLP Fund Declares Quarterly Dividend of $0.17 (SMM)

Salient Midstream & MLP Fund (NYSE:SMM) announced a quarterly dividend on Friday, February 8th, Wall Street Journal reports. Investors of record on Tuesday, February 19th will be paid a dividend of 0.171 per share by the investment management company on Wednesday, February 27th. This represents a $0.68 annualized dividend and a dividend yield of 7.79%. The ex-dividend date of this dividend is Friday, February 15th.

Salient Midstream & MLP Fund has decreased its dividend payment by an average of 19.8% annually over the last three years.

Shares of NYSE SMM opened at $8.78 on Friday. Salient Midstream & MLP Fund has a 52 week low of $6.80 and a 52 week high of $10.90.

In other news, insider Gregory Allen Reid purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, December 11th. The stock was acquired at an average price of $8.05 per share, with a total value of $40,250.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In the last three months, insiders purchased 10,000 shares of company stock valued at $80,060.

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Salient Midstream & MLP Fund Company Profile

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Dividend History for Salient Midstream & MLP Fund (NYSE:SMM)

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