MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) Announces Monthly Dividend of $0.13

by · The Markets Daily

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI – Get Free Report) declared a monthly dividend on Friday, December 12th. Investors of record on Monday, February 23rd will be given a dividend of 0.125 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Monday, February 23rd.

MainStay CBRE Global Infrastructure Megatrends Term Fund Stock Up 0.0%

MEGI traded up $0.00 during trading hours on Friday, reaching $13.60. The company’s stock had a trading volume of 124,301 shares, compared to its average volume of 164,974. The company’s 50-day moving average is $14.29 and its 200-day moving average is $14.29. MainStay CBRE Global Infrastructure Megatrends Term Fund has a 52 week low of $11.40 and a 52 week high of $15.05.

About MainStay CBRE Global Infrastructure Megatrends Term Fund

(Get Free Report)

The Fund’s investment objective is to seek a high level of total return with an emphasis on current income. There is no assurance that the Fund will achieve its investment objective. Tthe Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies.

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