NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI – Get Free Report) declared a monthly dividend on Monday, September 14th. Investors of record on Thursday, September 24th will be given a dividend of 0.125 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date is Thursday, September 24th.
NYLI CBRE Global Infrastructure Megatrends Term Fund Stock Performance
Shares of MEGI opened at $14.22 on Tuesday. The company’s fifty day moving average is $15.10 and its 200 day moving average is $15.10. NYLI CBRE Global Infrastructure Megatrends Term Fund has a fifty-two week low of $13.42 and a fifty-two week high of $15.89.
NYLI CBRE Global Infrastructure Megatrends Term Fund Company Profile
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.
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