Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) Declares Quarterly Dividend of $0.20

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFDGet Rating) announced a quarterly dividend on Thursday, May 12th, Wall Street Journal reports. Shareholders of record on Monday, May 23rd will be paid a dividend of 0.20 per share by the financial services provider on Tuesday, May 31st. This represents a $0.80 annualized dividend and a yield of 8.32%. The ex-dividend date is Friday, May 20th.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund has decreased its dividend payment by an average of 12.6% annually over the last three years.

Shares of NYSE MFD opened at $9.61 on Friday. The business’s 50 day moving average is $10.05 and its two-hundred day moving average is $9.84. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund has a 1-year low of $9.10 and a 1-year high of $11.05.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC bought a new stake in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund during the fourth quarter worth approximately $670,000. Cetera Investment Advisers increased its stake in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 7.9% during the fourth quarter. Cetera Investment Advisers now owns 29,948 shares of the financial services provider’s stock worth $289,000 after acquiring an additional 2,193 shares during the last quarter. LPL Financial LLC increased its stake in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 12.2% during the fourth quarter. LPL Financial LLC now owns 207,802 shares of the financial services provider’s stock worth $2,005,000 after acquiring an additional 22,597 shares during the last quarter. UBS Group AG increased its stake in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 4.4% during the third quarter. UBS Group AG now owns 91,900 shares of the financial services provider’s stock worth $874,000 after acquiring an additional 3,834 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund by 10.6% during the third quarter. Royal Bank of Canada now owns 31,979 shares of the financial services provider’s stock worth $304,000 after acquiring an additional 3,060 shares during the last quarter.

About Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (Get Rating)

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe.

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Dividend History for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD)

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