NXG NextGen Infrastructure Income Fund (NXG) to Distribute Monthly Dividend of $0.60 on September 30th

NXG NextGen Infrastructure Income Fund (NYSE:NXG) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.60 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.8%. The ex-dividend date is Tuesday, September 15th.

NXG NextGen Infrastructure Income Fund Trading Up 0.5%

Shares of NXG opened at $56.17 on Friday. NXG NextGen Infrastructure Income Fund has a 1 year low of $47.10 and a 1 year high of $65.78. The stock has a 50-day simple moving average of $58.70 and a 200-day simple moving average of $57.30.

About NXG NextGen Infrastructure Income Fund

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.