USCF Midstream Energy Income Fund (NYSEARCA:UMI) Announces Monthly Dividend of $0.04

USCF Midstream Energy Income Fund (NYSEARCA:UMI) declared a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.0427 per share on Monday, September 28th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, September 24th.

USCF Midstream Energy Income Fund Stock Down 0.4%

Shares of UMI stock traded down $0.22 during mid-day trading on Thursday, reaching $58.65. 35,711 shares of the stock traded hands, compared to its average volume of 31,731. The company has a market cap of $508.53 million, a price-to-earnings ratio of 18.78 and a beta of 0.57. The stock’s fifty day simple moving average is $60.78 and its two-hundred day simple moving average is $59.43. USCF Midstream Energy Income Fund has a 1-year low of $47.74 and a 1-year high of $64.77.

USCF Midstream Energy Income Fund Company Profile

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.