NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) to Issue Monthly Dividend of $0.12 on October 30th

NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) declared a monthly dividend on Monday, September 14th. Shareholders of record on Monday, October 26th will be paid a dividend of $0.1250 per share on Friday, October 30th. This represents a $1.50 annualized dividend and a dividend yield of 10.6%. The ex-dividend date is Monday, October 26th.

NYLI CBRE Global Infrastructure Megatrends Term Fund Stock Performance

MEGI traded down $0.01 during trading on Friday, hitting $14.20. The stock had a trading volume of 133,487 shares, compared to its average volume of 160,697. NYLI CBRE Global Infrastructure Megatrends Term Fund has a twelve month low of $13.24 and a twelve month high of $15.89. The company’s 50-day moving average price is $14.24 and its 200 day moving average price is $14.87.

NYLI CBRE Global Infrastructure Megatrends Term Fund Company Profile

NYLI CBRE Global Infrastructure Megatrends Term Fund is a publicly traded closed-end investment fund listed on the New York Stock Exchange under the symbol MEGI. The fund seeks to provide investors with exposure to global infrastructure companies through a diversified portfolio of publicly listed securities.

The fund focuses on infrastructure businesses positioned to benefit from long-term structural trends, including urbanization, digitalization, decarbonization and the modernization of essential systems.