Microvast Holdings announces departure of chief financial officer
Todd Sunderland, the Chief Operating Officer of NXG NextGen Infrastructure Income Fund (NYSE:NXG), recently sold 30 common shares of beneficial interest. The shares were sold at a price of $43.70 each, amounting to a total transaction value of $1,311. The transaction occurred as the stock trades near $43.98, having delivered an impressive 46% return year-to-date. Following this sale, Sunderland, through immediate family members, holds approximately 961.83 shares indirectly. Additionally, Sunderland directly holds 210.691 shares, which includes shares acquired through an Automatic Dividend Reinvestment Plan. The fund, with a market capitalization of $115.1 million, offers a substantial 14.65% dividend yield and has maintained dividend payments for 13 consecutive years, according to InvestingPro data. Discover more insights and financial metrics with an InvestingPro subscription.
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