MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) Plans Monthly Dividend of $0.13

by · The Cerbat Gem

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI – Get Free Report) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, January 26th will be paid a dividend of 0.125 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Monday, January 26th.

MainStay CBRE Global Infrastructure Megatrends Term Fund Trading Up 0.0%

MEGI stock traded up $0.00 during mid-day trading on Friday, reaching $13.60. 124,301 shares of the stock traded hands, compared to its average volume of 164,974. MainStay CBRE Global Infrastructure Megatrends Term Fund has a one year low of $11.40 and a one year high of $15.05. The business has a 50-day moving average price of $14.29 and a two-hundred day moving average price of $14.29.

About MainStay CBRE Global Infrastructure Megatrends Term Fund

(Get Free Report)

The Fund’s investment objective is to seek a high level of total return with an emphasis on current income. There is no assurance that the Fund will achieve its investment objective. Tthe Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies.

See Also