MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) To Go Ex-Dividend on March 24th

Posted by Jared Coughlin on Mar 26th, 2025

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI – Get Free Report) announced a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.125 per share on Monday, March 31st. This represents a dividend yield of 11.4%. The ex-dividend date is Monday, March 24th. This is a 15.7% increase from MainStay CBRE Global Infrastructure Megatrends Term Fund’s previous dividend of $0.11.

MainStay CBRE Global Infrastructure Megatrends Term Fund Stock Performance

NYSE MEGI opened at $13.08 on Wednesday. MainStay CBRE Global Infrastructure Megatrends Term Fund has a 1 year low of $11.28 and a 1 year high of $14.96. The stock’s 50-day moving average price is $12.64 and its two-hundred day moving average price is $13.28.

MainStay CBRE Global Infrastructure Megatrends Term Fund Company Profile

(Get Free Report)

The Fund’s investment objective is to seek a high level of total return with an emphasis on current income. There is no assurance that the Fund will achieve its investment objective. Tthe Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies.