NXG NextGen Infrastructure Income Fund (NXG) to Distribute Monthly Dividend of $0.60 on August 31st

NXG NextGen Infrastructure Income Fund (NYSE:NXG) declared a monthly dividend on Tuesday, June 2nd. Shareholders of record on Monday, August 17th will be given a dividend of 0.60 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 11.5%. The ex-dividend date of this dividend is Monday, August 17th.

NXG NextGen Infrastructure Income Fund Price Performance

NYSE:NXG opened at $62.60 on Friday. NXG NextGen Infrastructure Income Fund has a 1 year low of $45.05 and a 1 year high of $65.78. The stock has a 50-day moving average price of $59.92 and a two-hundred day moving average price of $56.70.

About NXG NextGen Infrastructure Income Fund

NextGen Infrastructure Income Fund (NYSE: NXG) is a closed-end management investment company that seeks to provide shareholders with high current income and, to a lesser extent, capital appreciation by investing primarily in infrastructure-related assets. The fund’s portfolio typically includes debt and equity securities issued by companies operating in energy, utilities, transportation and communications infrastructure sectors. NXG’s investment strategy blends fixed income instruments—such as corporate bonds and preferred stock—with select equity holdings to build a diversified income-oriented portfolio.

To pursue its objectives, NXG combines thorough credit analysis and sector allocation with active risk management.