Macquarie Global Infrastructure Total Return Fund Inc. (MGU) To Go Ex-Dividend on May 19th

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGUGet Rating) declared a monthly dividend on Tuesday, May 3rd, Zacks reports. Shareholders of record on Friday, May 20th will be given a dividend of 0.13 per share by the investment management company on Friday, May 27th. This represents a $1.56 annualized dividend and a yield of 6.23%. The ex-dividend date of this dividend is Thursday, May 19th. This is a boost from Macquarie Global Infrastructure Total Return Fund’s previous monthly dividend of $0.10.

Macquarie Global Infrastructure Total Return Fund has decreased its dividend by an average of 9.1% per year over the last three years and has increased its dividend every year for the last 1 years.

Shares of NYSE:MGU opened at $25.05 on Thursday. The business’s 50-day simple moving average is $24.90 and its 200 day simple moving average is $24.15. Macquarie Global Infrastructure Total Return Fund has a one year low of $22.42 and a one year high of $26.79.

A number of institutional investors have recently added to or reduced their stakes in the stock. Morgan Stanley lifted its position in Macquarie Global Infrastructure Total Return Fund by 4.7% during the 2nd quarter. Morgan Stanley now owns 862,722 shares of the investment management company’s stock worth $19,912,000 after acquiring an additional 38,842 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in Macquarie Global Infrastructure Total Return Fund by 4.1% during the 4th quarter. Parametric Portfolio Associates LLC now owns 415,104 shares of the investment management company’s stock worth $10,019,000 after acquiring an additional 16,358 shares in the last quarter. Stifel Financial Corp lifted its position in Macquarie Global Infrastructure Total Return Fund by 3.0% during the 4th quarter. Stifel Financial Corp now owns 113,383 shares of the investment management company’s stock worth $2,737,000 after acquiring an additional 3,285 shares in the last quarter. Bank of Montreal Can acquired a new position in Macquarie Global Infrastructure Total Return Fund during the 4th quarter worth approximately $527,000. Finally, Envestnet Asset Management Inc. acquired a new position in Macquarie Global Infrastructure Total Return Fund during the 1st quarter worth approximately $388,000.

Macquarie Global Infrastructure Total Return Fund Company Profile (Get Rating)

Macquarie Global Infrastructure Total Return Fund Inc is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc was formed on August 26, 2005 and is domiciled in the United States.

Further Reading

Dividend History for Macquarie Global Infrastructure Total Return Fund (NYSE:MGU)

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