Macquarie Global Infr Total Rtrn Fnd Inc (MGU) Announces $0.42 Quarterly Dividend

Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) announced a quarterly dividend on Tuesday, December 4th, NASDAQ reports. Investors of record on Friday, December 14th will be paid a dividend of 0.42 per share by the investment management company on Friday, December 28th. This represents a $1.68 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date of this dividend is Thursday, December 13th.

Macquarie Global Infr Total Rtrn Fnd has increased its dividend by an average of 1.9% annually over the last three years.

NYSE MGU traded up $0.03 during mid-day trading on Friday, reaching $20.21. 43,720 shares of the stock were exchanged, compared to its average volume of 37,006. Macquarie Global Infr Total Rtrn Fnd has a 1 year low of $19.39 and a 1 year high of $26.29.

In other news, CEO Brad Frishberg purchased 4,400 shares of the stock in a transaction that occurred on Tuesday, October 30th. The shares were purchased at an average cost of $19.68 per share, with a total value of $86,592.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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Macquarie Global Infr Total Rtrn Fnd Company Profile

Macquarie Global Infrastructure Total Return Fund Inc is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc was formed on August 26, 2005 and is domiciled in the United States.

Read More: What is an Initial Public Offering (IPO)?

Dividend History for Macquarie Global Infr Total Rtrn Fnd (NYSE:MGU)

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