Insider Buying: Goldman Sachs MLP and Energy Renassnc Fd (GER) Insider Purchases $24,992.00 in Stock
Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) insider Ganesh Jois purchased 3,550 shares of Goldman Sachs MLP and Energy Renassnc Fd stock in a transaction on Tuesday, November 15th. The stock was bought at an average cost of $7.04 per share, with a total value of $24,992.00. Following the completion of the acquisition, the insider now owns 23,060 shares in the company, valued at $162,342.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) opened at 6.99 on Monday. The firm has a 50-day moving average of $6.92 and a 200-day moving average of $6.99. Goldman Sachs MLP and Energy Renassnc Fd has a one year low of $3.21 and a one year high of $8.14.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 29th. Shareholders of record on Tuesday, November 22nd will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 9.16%. The ex-dividend date of this dividend is Friday, November 18th.
About Goldman Sachs MLP and Energy Renassnc Fd
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with an emphasis on current distributions to shareholders. The Fund seeks to achieve its investment objective by investing in master limited partnerships (MLPs) and other energy investments.
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