Get Ready for Some Cash: NXG NextGen Infrastructure Income Fund Announces Distributions!
Description:
DALLAS, Dec. 2, 2024 /PRNewswire/ — NXG NextGen Infrastructure Fund (NYSE: NXG) (the “Fund”) declared monthly distributions of $0.54 per common share for each of December 2024 and January 2025. These monthly distributions will be payable to common shareholders pursuant to the table below:
Record Date Ex-Dividend Date Payment Date Distribution Amount Return of Capital Estimate
1 December 16, 2024 December 16, 2024 December 31, 2024 $0.54 0.00 % January 16, 2025 January 16, 2025 January 31, 2025 $0.54 100 % 1The return of capital estimate is based on the Fund’s current anticipated earnings and profits for the fiscal year and does not include a projection of gains and losses on the sale of securities which may occur during the remainder of the year.
Are you ready to receive some extra cash in your pocket? The NXG NextGen Infrastructure Income Fund has announced monthly distributions of $0.54 per common share for December 2024 and January 2025. This is great news for shareholders as they will be receiving a return on their investment without having to lift a finger.
However, it’s important to note that the return of capital estimate is based on the Fund’s anticipated earnings and profits for the fiscal year. This means that the actual amount distributed to shareholders may vary depending on the performance of the Fund’s investments.
Overall, this announcement is sure to bring some cheer to investors who have put their trust in the NXG NextGen Infrastructure Income Fund. Get ready to see some cash flowing into your account soon!
How will this affect me?
As a shareholder of the NXG NextGen Infrastructure Income Fund, this announcement means that you can expect to receive monthly distributions of $0.54 per common share for December 2024 and January 2025. This will provide you with a return on your investment, allowing you to potentially increase your earnings without having to take any additional steps.
How will this affect the world?
The announcement of monthly distributions by the NXG NextGen Infrastructure Income Fund reflects the stability and profitability of the infrastructure sector. As shareholders receive returns on their investments, this can lead to increased confidence in the Fund and attract more investors looking for steady income opportunities. This can have a positive impact on the overall market sentiment and contribute to the growth of the infrastructure industry as a whole.
Conclusion:
Get ready to receive some extra cash in your pocket as NXG NextGen Infrastructure Income Fund announces monthly distributions for December 2024 and January 2025. This news will benefit shareholders and reflect positively on the infrastructure industry, potentially attracting more investors in the future. Keep an eye on your account for those upcoming payments!
