Macquarie Global Infr Total Rtrn Fnd Inc Plans Quarterly Dividend of $0.37 (MGU)
Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) declared a quarterly dividend on Friday, September 8th, Wall Street Journal reports. Stockholders of record on Wednesday, September 20th will be given a dividend of 0.37 per share by the investment management company on Friday, September 29th. This represents a $1.48 annualized dividend and a dividend yield of 5.67%. The ex-dividend date is Tuesday, September 19th.
Macquarie Global Infr Total Rtrn Fnd has raised its dividend by an average of 4.2% annually over the last three years.
Macquarie Global Infr Total Rtrn Fnd (NYSE:MGU) traded up 0.12% during trading on Friday, hitting $26.08. The stock had a trading volume of 15,370 shares. Macquarie Global Infr Total Rtrn Fnd has a 12-month low of $18.33 and a 12-month high of $26.38. The company has a 50 day moving average of $25.40 and a 200-day moving average of $24.01.
About Macquarie Global Infr Total Rtrn Fnd
Macquarie Global Infrastructure Total Return Fund Inc (the Fund) is a diversified and closed-end investment management company. The Fund’s investment objective is to provide to its common stockholders a high level of total return consisting of dividends, and other income and capital appreciation. It invests in a diversified portfolio of equity, debt, preferred or convertible securities and other instruments that are issued by the United States and non-United States companies that own, operate or manage infrastructure assets.
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