Macquarie Global Infr Total Rtrn Fnd Inc Announces Quarterly Dividend of $0.37 (NYSE:MGU)

Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) declared a quarterly dividend on Tuesday, December 5th, Wall Street Journal reports. Shareholders of record on Monday, December 18th will be given a dividend of 0.37 per share by the investment management company on Friday, December 29th. This represents a $1.48 annualized dividend and a yield of 5.90%. The ex-dividend date is Friday, December 15th.

Macquarie Global Infr Total Rtrn Fnd has increased its dividend by an average of 4.2% per year over the last three years.

Macquarie Global Infr Total Rtrn Fnd (MGU) traded up $0.01 during mid-day trading on Thursday, hitting $25.07. The stock had a trading volume of 11,600 shares, compared to its average volume of 35,464. Macquarie Global Infr Total Rtrn Fnd has a one year low of $19.50 and a one year high of $26.50.

In other news, CFO Meredith Meyer sold 1,500 shares of the stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $25.94, for a total value of $38,910.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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Macquarie Global Infr Total Rtrn Fnd Company Profile

Macquarie Global Infrastructure Total Return Fund Inc (the Fund) is a diversified and closed-end investment management company. The Fund’s investment objective is to provide to its common stockholders a high level of total return consisting of dividends, and other income and capital appreciation. It invests in a diversified portfolio of equity, debt, preferred or convertible securities and other instruments that are issued by the United States and non-United States companies that own, operate or manage infrastructure assets.

Dividend History for Macquarie Global Infr Total Rtrn Fnd (NYSE:MGU)

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