Goldman Sachs MLP Income Opportun Fund (GMZ) Plans Quarterly Dividend of $0.21
Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ) declared a quarterly dividend on Friday, November 3rd, RTT News reports. Shareholders of record on Tuesday, November 21st will be given a dividend of 0.21 per share by the investment management company on Wednesday, November 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.87%. The ex-dividend date is Monday, November 20th.
TRADEMARK VIOLATION NOTICE: “Goldman Sachs MLP Income Opportun Fund (GMZ) Plans Quarterly Dividend of $0.21” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/03/goldman-sachs-mlp-income-opportun-fund-gmz-plans-quarterly-dividend-of-0-21.html.
In other news, Vice Chairman Richard J. Gnodde sold 4,951 shares of the firm’s stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $239.95, for a total transaction of $1,187,992.45. Following the sale, the insider now owns 232,073 shares of the company’s stock, valued at approximately $55,685,916.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Harvey M. Schwartz sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $245.00, for a total transaction of $6,125,000.00. Following the sale, the chief operating officer now directly owns 251,547 shares in the company, valued at approximately $61,629,015. The disclosure for this sale can be found here. Insiders have sold a total of 37,344 shares of company stock worth $9,125,608 in the last ninety days.
About Goldman Sachs MLP Income Opportun Fund
Goldman Sachs MLP Income Opportunities Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with an emphasis on current distributions to shareholders. The Fund seeks to achieve its investment objective by investing primarily in master limited partnerships (MLPs).
Receive News & Ratings for Goldman Sachs MLP Income Opportun Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs MLP Income Opportun Fund and related companies with MarketBeat.com's FREE daily email newsletter.