Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) announced a quarterly dividend on Wednesday, February 7th, Wall Street Journal reports. Shareholders 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 yield of 10.24%. The ex-dividend date of this dividend 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 (GER) traded down $0.12 during mid-day trading on Wednesday, reaching $6.25. 332,645 shares of the company’s stock were exchanged, compared to its average volume of 500,757. Goldman Sachs MLP and Energy Renassnc Fd has a 12 month low of $5.25 and a 12 month high of $8.29.
In other Goldman Sachs MLP and Energy Renassnc Fd news, Director Lawrence W. Stranghoener acquired 7,500 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was bought at an average price of $6.69 per share, for a total transaction of $50,175.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Matthew Cooper purchased 13,850 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were purchased at an average price of $6.43 per share, with a total value of $89,055.50. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 28,850 shares of company stock valued at $186,406.
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Goldman Sachs MLP and Energy Renassnc Fd Company Profile
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.
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