USCF Midstream Energy Income Fund (NYSEARCA:UMI) to Issue Dividend Increase – $0.48 Per Share

USCF Midstream Energy Income Fund (NYSEARCA:UMIGet Free Report) declared a monthly dividend on Thursday, May 21st. Stockholders of record on Friday, May 22nd will be given a dividend of 0.4761 per share on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend is Friday, May 22nd. This is a 169.7% increase from USCF Midstream Energy Income Fund’s previous monthly dividend of $0.18.

USCF Midstream Energy Income Fund Stock Performance

Shares of NYSEARCA UMI traded up $0.01 during mid-day trading on Friday, hitting $61.64. 33,750 shares of the stock traded hands, compared to its average volume of 40,551. The company has a market cap of $497.39 million, a price-to-earnings ratio of 18.78 and a beta of 0.58. The stock has a fifty day moving average price of $58.34 and a 200-day moving average price of $54.03. USCF Midstream Energy Income Fund has a 52 week low of $47.74 and a 52 week high of $62.54.

USCF Midstream Energy Income Fund Company Profile

(Get Free Report)

The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.

Featured Articles

Dividend History for USCF Midstream Energy Income Fund (NYSEARCA:UMI)

Receive News & Ratings for USCF Midstream Energy Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USCF Midstream Energy Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.