NXG NextGen Infrastructure Income Fund (NXG) to Issue Monthly Dividend of $0.54 on January 30th

NXG NextGen Infrastructure Income Fund (NYSE:NXG) announced a monthly dividend on Tuesday, December 2nd. Investors of record on Friday, January 16th will be given a dividend of 0.54 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 12.8%. The ex-dividend date is Friday, January 16th.

NXG NextGen Infrastructure Income Fund Trading Up 0.9%

NXG NextGen Infrastructure Income Fund stock opened at $50.71 on Thursday. NXG NextGen Infrastructure Income Fund has a twelve month low of $35.22 and a twelve month high of $53.38. The firm’s 50 day moving average price is $49.27 and its two-hundred day moving average price is $48.56.

About NXG NextGen Infrastructure Income Fund

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.