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

NXG NextGen Infrastructure Income Fund (NYSE:NXG) declared a dividend on Sunday, February 16th,investing.com reports. Investors 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 raised its dividend by an average of 96.6% annually over the last three years.

NXG NextGen Infrastructure Income Fund Stock Performance

NYSE:NXG traded up $0.26 during trading hours on Friday, hitting $49.79. The company’s stock had a trading volume of 32,565 shares, compared to its average volume of 31,692. The stock has a fifty day moving average of $47.22 and a 200-day moving average of $44.62. NXG NextGen Infrastructure Income Fund has a 52-week low of $34.53 and a 52-week high of $53.84.

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.