NXG NextGen Infrastructure Income Fund (NYSE:NXG) Announces Dividend of $0.54

NXG NextGen Infrastructure Income Fund (NYSE:NXG) announced a dividend on Sunday, February 16th,investing.com reports. Stockholders of record on Wednesday, February 19th will be given a dividend of 0.54 per share on Friday, February 28th. This represents a dividend yield of 13.02%. The ex-dividend date is Tuesday, February 18th.

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 Stock Up 0.5 %

Shares of NXG NextGen Infrastructure Income Fund stock traded up $0.26 during trading on Friday, reaching $49.79. The company’s stock had a trading volume of 32,565 shares, compared to its average volume of 31,692. NXG NextGen Infrastructure Income Fund has a 1-year low of $34.53 and a 1-year high of $53.84. The company has a 50-day simple moving average of $47.22 and a two-hundred day simple moving average of $44.62.

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.