USCF Midstream Energy Income Fund (NYSEARCA:UMI) to Issue $0.46 Monthly Dividend

USCF Midstream Energy Income Fund (NYSEARCA:UMI) announced a monthly dividend on Monday, August 24th. Stockholders of record on Tuesday, August 25th will be paid a dividend of 0.4573 per share on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Tuesday, August 25th.

USCF Midstream Energy Income Fund Trading Up 0.0%

Shares of UMI stock opened at $61.08 on Tuesday. USCF Midstream Energy Income Fund has a 1 year low of $47.74 and a 1 year high of $64.77. The firm’s fifty day simple moving average is $60.13 and its 200 day simple moving average is $58.71. The firm has a market capitalization of $511.85 million, a P/E ratio of 18.78 and a beta of 0.56.

USCF Midstream Energy Income Fund Company Profile

The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.