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

NXG NextGen Infrastructure Income Fund (NYSE:NXG) declared a dividend on Saturday, February 15th,investing.com reports. Shareholders of record on Wednesday, February 19th will be given a dividend of 0.54 per share on Friday, February 28th. This represents a yield of 13.02%. The ex-dividend date of this dividend is Tuesday, February 18th.

NXG NextGen Infrastructure Income Fund has increased its dividend by an average of 96.6% annually over the last three years.

NXG NextGen Infrastructure Income Fund Stock Up 0.5 %

NXG opened at $49.79 on Friday. NXG NextGen Infrastructure Income Fund has a one year low of $34.53 and a one year high of $53.84. The business has a 50 day simple moving average of $47.22 and a two-hundred day simple moving average of $44.59.

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.