NXG NextGen Infrastructure Income Fund (NYSE:NXG – Get Free Report) declared a monthly dividend on Tuesday, February 6th, Wall Street Journal reports. Shareholders of record on Wednesday, May 15th will be paid a dividend of 0.54 per share on Friday, May 31st. This represents a $6.48 dividend on an annualized basis and a dividend yield of 18.47%. The ex-dividend date is Tuesday, May 14th.
NXG NextGen Infrastructure Income Fund Stock Up 0.2 %
Shares of NYSE NXG opened at $35.09 on Thursday. NXG NextGen Infrastructure Income Fund has a fifty-two week low of $30.32 and a fifty-two week high of $42.29. The firm’s 50 day simple moving average is $34.61.
Insider Buying and Selling at NXG NextGen Infrastructure Income Fund
In other NXG NextGen Infrastructure Income Fund news, insider Jerry V. Swank bought 8,900 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was acquired at an average price of $33.75 per share, with a total value of $300,375.00. Following the completion of the purchase, the insider now owns 33,900 shares of the company’s stock, valued at $1,144,125. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
NXG NextGen Infrastructure Income Fund Company Profile
NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies.
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