Goldman Sachs MLP Income Opportun Fund (GMZ) Plans Quarterly Dividend of $0.21

Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ) declared a quarterly dividend on Wednesday, May 8th, Wall Street Journal reports. Stockholders of record on Tuesday, May 21st will be paid a dividend of 0.21 per share by the investment management company on Wednesday, May 29th. This represents a $0.84 annualized dividend and a dividend yield of 10.42%. The ex-dividend date of this dividend is Monday, May 20th.

Goldman Sachs MLP Income Opportun Fund has decreased its dividend payment by an average of 14.9% per year over the last three years.

Shares of Goldman Sachs MLP Income Opportun Fund stock opened at $8.06 on Wednesday. Goldman Sachs MLP Income Opportun Fund has a 1 year low of $6.00 and a 1 year high of $10.14.



In related news, insider Ganesh Jois purchased 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, February 19th. The shares were bought at an average cost of $8.85 per share, with a total value of $25,222.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Dane E. Holmes sold 1,489 shares of Goldman Sachs MLP Income Opportun Fund stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $198.31, for a total transaction of $295,283.59. Following the sale, the executive vice president now directly owns 10,245 shares in the company, valued at $2,031,685.95. The disclosure for this sale can be found here.

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Goldman Sachs MLP Income Opportun Fund Company Profile

Goldman Sachs MLP Income Opportunities Fund is a closed ended equity mutual fund launched and managed by Goldman Sachs Asset Management, L.P. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy sector. It primarily invests in "midstream" master limited partnerships that are engaged in the treatment, gathering, compression, processing, transportation, transmission, fractionation, storage, and termination of natural gas, natural gas liquids, crude oil, refined products or coal.

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Dividend History for Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ)

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