Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) Director Lawrence W. Stranghoener purchased 4,900 shares of the firm’s stock in a transaction dated Monday, May 15th. The shares were bought at an average cost of $8.19 per share, with a total value of $40,131.00. Following the purchase, the director now directly owns 17,400 shares of the company’s stock, valued at approximately $142,506. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) traded up 1.28% during mid-day trading on Friday, hitting $7.91. 279,077 shares of the stock traded hands. Goldman Sachs MLP and Energy Renassnc Fd has a 12 month low of $6.29 and a 12 month high of $8.90. The stock has a 50-day moving average price of $7.99 and a 200-day moving average price of $7.72.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Investors of record on Friday, May 19th will be given a dividend of $0.16 per share. The ex-dividend date is Wednesday, May 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 8.19%.
About Goldman Sachs MLP and Energy Renassnc Fd
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. It seeks a high level of total return with an emphasis on current distributions to shareholders. It seeks to achieve its investment objective by investing primarily in master limited partnership (MLP) and other energy investments.
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