Goldman Sachs MLP and Energy Renassnc Fd Plans Quarterly Dividend of $0.16 (GER)

Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) declared a quarterly dividend on Wednesday, February 7th, Wall Street Journal reports. Investors of record on Thursday, February 22nd will be given a dividend of 0.16 per share by the investment management company on Wednesday, February 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 9.67%. The ex-dividend date is Wednesday, February 21st.

Goldman Sachs MLP and Energy Renassnc Fd has increased its dividend payment by an average of 26.0% per year over the last three years.

Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) traded down $0.02 during trading on Wednesday, hitting $6.62. The company had a trading volume of 660,570 shares, compared to its average volume of 542,191. Goldman Sachs MLP and Energy Renassnc Fd has a one year low of $5.25 and a one year high of $8.90.

In related news, insider Matthew Cooper acquired 13,250 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were bought at an average cost of $5.67 per share, with a total value of $75,127.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Linda Lang bought 20,000 shares of the stock in a transaction on Wednesday, December 13th. The stock was acquired at an average price of $6.05 per share, with a total value of $121,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 41,950 shares of company stock worth $246,240.

WARNING: This piece of content was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/07/goldman-sachs-mlp-and-energy-renassnc-fd-plans-quarterly-dividend-of-0-16-ger.html.

About Goldman Sachs MLP and Energy Renassnc Fd

Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. It seeks a high level of total return with an emphasis on current distributions to shareholders. It seeks to achieve its investment objective by investing primarily in master limited partnership (MLP) and other energy investments.

Dividend History for Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER)

Receive News & Ratings for Goldman Sachs MLP and Energy Renassnc Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs MLP and Energy Renassnc Fd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply