Macquarie Global Infr Total Rtrn Fnd Inc to Issue Quarterly Dividend of $0.37 (MGU)
Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) declared a quarterly dividend on Tuesday, December 5th, Wall Street Journal reports. Stockholders of record on Monday, December 18th will be paid a dividend of 0.37 per share by the investment management company on Friday, December 29th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date of this dividend is Friday, December 15th.
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 $0.14 during mid-day trading on Tuesday, reaching $25.24. The company had a trading volume of 29,400 shares, compared to its average volume of 35,767. Macquarie Global Infr Total Rtrn Fnd has a fifty-two week low of $19.18 and a fifty-two week high of $26.50.
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Macquarie Global Infr Total Rtrn Fnd Company Profile
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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