Center Coast MLP & Infrastructure Fund (NYSE:CEN) declared a monthly dividend on Wednesday, August 23rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be given a dividend of 0.1042 per share by the investment management company on Friday, October 27th. This represents a $1.25 annualized dividend and a dividend yield of 11.57%. The ex-dividend date is Thursday, October 12th.
Center Coast MLP & Infrastructure Fund has increased its dividend by an average of 58.7% annually over the last three years.
Center Coast MLP & Infrastructure Fund (CEN) opened at 10.81 on Wednesday. Center Coast MLP & Infrastructure Fund has a 52-week low of $9.80 and a 52-week high of $13.72. The stock’s 50 day moving average price is $10.47 and its 200 day moving average price is $11.20.
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About Center Coast MLP & Infrastructure Fund
Center Coast MLP & Infrastructure Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of master limited partnerships (MLPs) and energy infrastructure companies.
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