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

by · The Markets Daily

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, December 22nd will be given a dividend of 0.125 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Monday, December 22nd.

MainStay CBRE Global Infrastructure Megatrends Term Fund Stock Up 0.0%

MEGI stock traded up $0.00 on Friday, hitting $13.60. 124,301 shares of the company’s stock traded hands, compared to its average volume of 164,974. MainStay CBRE Global Infrastructure Megatrends Term Fund has a 1-year low of $11.40 and a 1-year high of $15.05. The stock has a fifty day moving average of $14.29 and a 200-day moving average 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.

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