MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) Declares $0.13 Monthly Dividend

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) declared a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.125 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend is Monday, December 22nd.

MainStay CBRE Global Infrastructure Megatrends Term Fund Trading Up 0.0%

Shares of MEGI stock traded up $0.00 during midday trading on Friday, hitting $13.60. The company had a trading volume of 132,591 shares, compared to its average volume of 165,081. The company’s 50 day simple moving average is $14.26 and its 200 day simple moving average is $14.29. MainStay CBRE Global Infrastructure Megatrends Term Fund has a 52-week low of $11.40 and a 52-week high of $15.05.

About MainStay CBRE Global Infrastructure Megatrends Term Fund

The Fund’s investment objective is to seek a high level of total return with an emphasis on current income. There is no assurance that the Fund will achieve its investment objective. Tthe Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies.