USCF Midstream Energy Income Fund (UMI) to Issue Monthly Dividend of $0.48 on May 27th

USCF Midstream Energy Income Fund (NYSEARCA:UMI) declared a monthly dividend on Thursday, May 21st. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.4761 per share on Wednesday, May 27th. This represents a c) annualized dividend 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 Price Performance

Shares of UMI opened at $61.72 on Friday. The firm’s 50 day moving average is $58.41 and its 200-day moving average is $54.09. The stock has a market capitalization of $498.08 million, a P/E ratio of 18.78 and a beta of 0.58. USCF Midstream Energy Income Fund has a 12-month low of $47.74 and a 12-month high of $62.54.

USCF Midstream Energy Income Fund Company Profile

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.