Goldman Sachs MLP Income Opportun Fund (NYSE:GMZ) declared a quarterly dividend on Wednesday, August 8th, Wall Street Journal reports. Stockholders of record on Tuesday, August 21st will be paid a dividend of 0.21 per share by the investment management company on Tuesday, August 28th. This represents a $0.84 annualized dividend and a dividend yield of 8.50%. The ex-dividend date of this dividend is Monday, August 20th.
Goldman Sachs MLP Income Opportun Fund has decreased its dividend by an average of 13.3% per year over the last three years.
Shares of Goldman Sachs MLP Income Opportun Fund traded up $0.06, hitting $9.88, during trading hours on Wednesday, Marketbeat Ratings reports. The company had a trading volume of 139,356 shares, compared to its average volume of 183,721. Goldman Sachs MLP Income Opportun Fund has a fifty-two week low of $7.55 and a fifty-two week high of $10.33.
In other Goldman Sachs MLP Income Opportun Fund news, COO David M. Solomon sold 3,092 shares of the stock in a transaction that occurred on Monday, May 14th. The shares were sold at an average price of $244.67, for a total transaction of $756,519.64. Following the sale, the chief operating officer now directly owns 217,020 shares in the company, valued at approximately $53,098,283.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Goldman Sachs Group Inc sold 5,583,375 shares of the stock in a transaction that occurred on Tuesday, June 19th. The stock was sold at an average price of $17.06, for a total transaction of $95,252,377.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,603,337 shares of company stock worth $99,973,657.
About Goldman Sachs MLP Income Opportun Fund
There is no company description available for Goldman Sachs MLP Income Opportunities Fund.
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