News articles about Salient Midstream & MLP Fund (NYSE:SMM) have been trending somewhat negative this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public 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 -0.07 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 46.9372822245719 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Salient Midstream & MLP Fund (NYSE SMM) traded down $0.21 on Thursday, reaching $9.94. The company had a trading volume of 115,500 shares, compared to its average volume of 82,351. Salient Midstream & MLP Fund has a 1 year low of $9.64 and a 1 year high of $14.32.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Friday, November 17th were paid a $0.244 dividend. The ex-dividend date was Thursday, November 16th. This represents a $0.98 dividend on an annualized basis and a yield of 9.82%.
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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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