Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) announced a quarterly dividend on Tuesday, December 4th, NASDAQ reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.42 per share by the investment management company on Friday, December 28th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 8.31%. The ex-dividend date is Thursday, December 13th.
Macquarie Global Infr Total Rtrn Fnd has raised its dividend by an average of 1.9% per year over the last three years.
Shares of NYSE MGU traded up $0.03 during mid-day trading on Friday, reaching $20.21. The company’s stock had a trading volume of 43,720 shares, compared to its average volume of 37,006. Macquarie Global Infr Total Rtrn Fnd has a 1-year low of $19.39 and a 1-year high of $26.29.
In other Macquarie Global Infr Total Rtrn Fnd news, CEO Brad Frishberg bought 4,400 shares of Macquarie Global Infr Total Rtrn Fnd stock in a transaction dated Tuesday, October 30th. The stock was acquired at an average cost of $19.68 per share, for a total transaction of $86,592.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
About Macquarie Global Infr Total Rtrn Fnd
Macquarie Global Infrastructure Total Return Fund Inc is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc was formed on August 26, 2005 and is domiciled in the United States.
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