USCF Midstream Energy Income Fund Announces Monthly Dividend of $0.07 (NYSEARCA:UMI)

USCF Midstream Energy Income Fund (NYSEARCA:UMI) announced a monthly dividend on Tuesday, June 23rd. Stockholders of record on Wednesday, June 24th will be paid a dividend of 0.0661 per share on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, June 24th.

USCF Midstream Energy Income Fund Trading Up 1.6%

Shares of UMI stock opened at $59.40 on Wednesday. USCF Midstream Energy Income Fund has a 1-year low of $47.74 and a 1-year high of $62.54. The company has a market capitalization of $479.36 million, a price-to-earnings ratio of 18.78 and a beta of 0.56. The stock’s fifty day simple moving average is $58.68 and its 200-day simple moving average is $55.54.

About USCF Midstream Energy Income Fund

The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.