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

NXG NextGen Infrastructure Income Fund (NYSE:NXG) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 17th will be paid a dividend of 0.54 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date of this dividend is Tuesday, February 17th.

NXG NextGen Infrastructure Income Fund Stock Up 0.3%

Shares of NYSE NXG traded up $0.16 during mid-day trading on Monday, hitting $50.90. The company had a trading volume of 51,972 shares, compared to its average volume of 41,680. The business’s 50-day simple moving average is $50.13 and its 200-day simple moving average is $49.06. NXG NextGen Infrastructure Income Fund has a 12 month low of $35.22 and a 12 month high of $53.38.

About NXG NextGen Infrastructure Income Fund

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.