News coverage about Salient Midstream & MLP Fund (NYSE:SMM) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Salient Midstream & MLP Fund earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 47.556125266046 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Salient Midstream & MLP Fund (SMM) traded down $0.08 during mid-day trading on Friday, hitting $10.62. 106,535 shares of the stock traded hands, compared to its average volume of 156,051. Salient Midstream & MLP Fund has a one year low of $9.64 and a one year high of $14.32.
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Friday, November 17th were paid a $0.244 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 9.19%. The ex-dividend date of this dividend was Thursday, November 16th.
Salient Midstream & MLP Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of midstream companies and master limited partnerships (MLPs).
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