NXG NextGen Infrastructure Income Fund Declares Monthly Dividend of $0.54 (NYSE:NXG)

NXG NextGen Infrastructure Income Fund (NYSE:NXG) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Monday, March 16th will be given a dividend of 0.54 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date of this dividend is Monday, March 16th.

NXG NextGen Infrastructure Income Fund Stock Performance

NXG NextGen Infrastructure Income Fund stock opened at $50.90 on Tuesday. NXG NextGen Infrastructure Income Fund has a fifty-two week low of $35.22 and a fifty-two week high of $53.38. The firm’s fifty day moving average price is $50.18 and its 200-day moving average price is $49.07.

NXG NextGen Infrastructure Income Fund Company Profile

NextGen Infrastructure Income Fund (NYSE: NXG) is a closed-end management investment company that seeks to provide shareholders with high current income and, to a lesser extent, capital appreciation by investing primarily in infrastructure-related assets. The fund’s portfolio typically includes debt and equity securities issued by companies operating in energy, utilities, transportation and communications infrastructure sectors. NXG’s investment strategy blends fixed income instruments—such as corporate bonds and preferred stock—with select equity holdings to build a diversified income-oriented portfolio.

To pursue its objectives, NXG combines thorough credit analysis and sector allocation with active risk management.