Macquarie/First Trust Global Infrstrctre (NYSE:MFD) declared a quarterly dividend on Tuesday, February 13th, Wall Street Journal reports. Investors of record on Friday, February 23rd will be paid a dividend of 0.30 per share by the financial services provider on Wednesday, February 28th. This represents a $1.20 annualized dividend and a dividend yield of 9.68%. The ex-dividend date of this dividend is Thursday, February 22nd.
Macquarie/First Trust Global Infrstrctre has decreased its dividend by an average of 5.0% per year over the last three years.
Macquarie/First Trust Global Infrstrctre (NYSE MFD) traded down $0.03 during trading hours on Tuesday, reaching $12.40. 15,204 shares of the company’s stock were exchanged, compared to its average volume of 31,417. The company has a market cap of $107.24, a price-to-earnings ratio of 6.67 and a beta of 0.88. Macquarie/First Trust Global Infrstrctre has a 1-year low of $11.73 and a 1-year high of $14.75.
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Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of current return consisting of dividends, interest and other similar income while attempting to preserve capital.
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