Goldman Sachs MLP Income Opportun Fund Declares Quarterly Dividend of $0.21 (GMZ)

Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ) announced a quarterly dividend on Wednesday, February 7th, Wall Street Journal reports. Investors of record on Thursday, February 22nd will be paid a dividend of 0.21 per share by the investment management company on Wednesday, February 28th. This represents a $0.84 dividend on an annualized basis and a yield of 8.89%. The ex-dividend date of this dividend is Wednesday, February 21st.

Goldman Sachs MLP Income Opportun Fund has decreased its dividend by an average of 13.3% per year over the last three years.

Shares of Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ) traded down $0.05 during trading on Wednesday, reaching $9.45. The company had a trading volume of 304,467 shares, compared to its average volume of 239,427. Goldman Sachs MLP Income Opportun Fund has a fifty-two week low of $7.85 and a fifty-two week high of $11.58.

In other news, Vice Chairman Pablo J. Salame sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $270.42, for a total transaction of $2,704,200.00. Following the sale, the insider now directly owns 181,833 shares in the company, valued at $49,171,279.86. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Gregory K. Palm sold 2,292 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $238.68, for a total value of $547,054.56. Following the sale, the vice president now owns 962,833 shares in the company, valued at $229,808,980.44. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 148,990 shares of company stock worth $2,380,428 and sold 136,245 shares worth $34,016,074.

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Goldman Sachs MLP Income Opportun Fund Company Profile

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).

Dividend History for Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ)

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