NXG NextGen Infrastructure Income Fund (NYSE:NXG – Get Free Report) declared a monthly dividend on Tuesday, June 2nd. Shareholders of record on Monday, August 17th will be given a dividend of 0.60 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend is Monday, August 17th.
NXG NextGen Infrastructure Income Fund Trading Up 0.8%
NXG opened at $59.13 on Wednesday. NXG NextGen Infrastructure Income Fund has a twelve month low of $45.05 and a twelve month high of $60.84. The company’s 50-day moving average price is $56.00 and its two-hundred day moving average price is $52.94.
NXG NextGen Infrastructure Income Fund Company Profile
NextGen Infrastructure Income Fund (NYSE: NXG) is a closed-end management investment company that seeks to provide shareholders with high current income and, to a lesser extent, capital appreciation by investing primarily in infrastructure-related assets. The fund’s portfolio typically includes debt and equity securities issued by companies operating in energy, utilities, transportation and communications infrastructure sectors. NXG’s investment strategy blends fixed income instruments—such as corporate bonds and preferred stock—with select equity holdings to build a diversified income-oriented portfolio.
To pursue its objectives, NXG combines thorough credit analysis and sector allocation with active risk management.
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