Cushing Royalty & Income Declares Quarterly Dividend of $0.50 (SRF)
Cushing Royalty & Income (NYSE:SRF) declared a quarterly dividend on Friday, January 24th, Stock Ratings News reports. Investors of record on Friday, February 28th will be given a dividend of 0.50 per share on Thursday, March 20th. This represents a $2.00 dividend on an annualized basis and a yield of 11.17%. The ex-dividend date of this dividend is Wednesday, February 26th.
Cushing Royalty & Income (NYSE:SRF) traded down 1.76% on Friday, hitting $17.595. 35,165 shares of the company’s stock traded hands. Cushing Royalty & Income has a one year low of $16.21 and a one year high of $22.08. The stock’s 50-day moving average is $16.95 and its 200-day moving average is $17.76.
The Cushing Royalty & Income Fund (NYSE:SRF) is organized as a non-diversified, closed-end management investment company.
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