NXG NextGen Infrastructure Income Fund (NYSE:NXG – Get Free Report) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Investors of record on Friday, March 15th will be given a dividend of 0.54 per share on Thursday, March 28th. This represents a $6.48 annualized dividend and a dividend yield of 18.51%. The ex-dividend date of this dividend is Thursday, March 14th.
NXG NextGen Infrastructure Income Fund Stock Performance
NXG opened at $35.01 on Wednesday. The business has a 50 day moving average of $34.55. NXG NextGen Infrastructure Income Fund has a 1 year low of $30.32 and a 1 year high of $42.29.
Insider Buying and Selling at NXG NextGen Infrastructure Income Fund
In other NXG NextGen Infrastructure Income Fund news, insider Jerry V. Swank purchased 8,900 shares of NXG NextGen Infrastructure Income Fund stock in a transaction on Tuesday, December 5th. The shares were purchased at an average cost of $33.75 per share, with a total value of $300,375.00. Following the completion of the transaction, the insider now directly owns 33,900 shares in the company, valued at approximately $1,144,125. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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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