NXG NextGen Infrastructure Income Fund (NXG) To Go Ex-Dividend on May 15th

NXG NextGen Infrastructure Income Fund (NYSE:NXG) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.54 per share on Friday, May 30th. This represents a $6.48 annualized dividend and a yield of 13.18%. The ex-dividend date of this dividend is Thursday, May 15th.

NXG NextGen Infrastructure Income Fund has raised its dividend payment by an average of 96.6% per year over the last three years.

NXG NextGen Infrastructure Income Fund Trading Up 0.2 %

NXG NextGen Infrastructure Income Fund stock opened at $49.16 on Thursday. The firm’s 50 day moving average price is $47.43 and its two-hundred day moving average price is $44.05. NXG NextGen Infrastructure Income Fund has a twelve month low of $34.31 and a twelve month high of $53.84.

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.