NXG NextGen Infrastructure Income Fund Declares $0.60 Monthly Dividend

The NXG NextGen Infrastructure Income Fund (NYSE: NXG) has declared a monthly dividend of $0.60 per share, consistent with its previous payout levels. The fund maintains an attractive forward yield of approximately 12.97%. Payments will be made on September 30 and October 30 for shareholders recorded as of September 15 and October 15 respectively (ex-dividend dates also set for those days). A final payment is scheduled for November 30, with a record date of November 16. The fund continues to focus on infrastructure investments in areas such as AI data centers and electrification. It emphasizes tax-efficient dividends derived from future-oriented infrastructure projects. The consistent dividend reflects the company's ongoing performance and its ability to deliver strong total returns.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

NXG NextGen Infrastructure Income Fund Declares $0.60 Monthly Dividend

Topics: dividend income fund infrastructure

Read the full article at Seeking Alpha

More World news