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) announced a monthly dividend on Monday, September 14th. Investors of record on Monday, October 26th will be given a dividend of 0.125 per share on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Monday, October 26th.

NYLI CBRE Global Infrastructure Megatrends Term Fund Trading Down 0.7%

NYLI CBRE Global Infrastructure Megatrends Term Fund stock opened at $14.13 on Wednesday. NYLI CBRE Global Infrastructure Megatrends Term Fund has a 12 month low of $13.42 and a 12 month high of $15.89. The stock has a 50-day moving average price of $15.08 and a two-hundred day moving average price of $15.09.

About NYLI CBRE Global Infrastructure Megatrends Term Fund

NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) is a closed-end term fund that seeks to deliver total return through a combination of income and capital appreciation by investing primarily in global infrastructure securities. The fund targets companies involved in the development, ownership, or operation of transportation networks, energy and utility systems, digital infrastructure and related megatrends. By focusing on essential assets that underpin long-term economic growth, MEGI aims to generate a stable income stream while capturing opportunities for capital gains.

Launched in 2021, MEGI employs a thematic investment approach managed by CBRE Clarion Securities’ dedicated infrastructure equity team.