Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (MIE) to Issue $0.08 Monthly Dividend
Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE) declared a monthly dividend on Friday, December 29th, Wall Street Journal reports. Investors of record on Wednesday, February 14th will be given a dividend of 0.077 per share on Wednesday, February 28th. This represents a $0.92 annualized dividend and a yield of 8.89%. The ex-dividend date is Tuesday, February 13th.
Cohen & Strs MLP Inc & Ergy Oprty Fd has decreased its dividend by an average of 10.2% per year over the last three years.
Cohen & Strs MLP Inc & Ergy Oprty Fd (NYSE:MIE) opened at $10.39 on Thursday. Cohen & Strs MLP Inc & Ergy Oprty Fd has a twelve month low of $8.87 and a twelve month high of $11.96.
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About Cohen & Strs MLP Inc & Ergy Oprty Fd
Cohen & Steers MLP Income and Energy Opportunity Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide attractive total return, consisted of high current income and price appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in energy-related master limited partnerships (MLPs) and companies that are involved in the exploration, production, gathering, transportation, processing, storage, refining, distribution or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or other energy sources (related companies).
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