Cushing MLP Total Return Fund (NYSE:SRV) to Issue Monthly Dividend of $0.09
Cushing MLP Total Return Fund (NYSE:SRV) declared a monthly dividend on Monday, July 3rd, NASDAQ reports. Shareholders of record on Tuesday, July 18th will be paid a dividend of 0.09 per share by the investment management company on Monday, July 31st. This represents a $1.08 annualized dividend and a dividend yield of 8.82%. The ex-dividend date of this dividend is Friday, July 14th.
Cushing MLP Total Return Fund has decreased its dividend by an average of 31.6% per year over the last three years.
Cushing MLP Total Return Fund (NYSE:SRV) opened at 12.24 on Friday. The firm’s 50 day moving average price is $12.61 and its 200 day moving average price is $13.61. Cushing MLP Total Return Fund has a 12 month low of $11.15 and a 12 month high of $15.08.
TRADEMARK VIOLATION NOTICE: “Cushing MLP Total Return Fund (NYSE:SRV) to Issue Monthly Dividend of $0.09” was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.americanbankingnews.com/2017/07/09/cushing-mlp-total-return-fund-nysesrv-to-issue-monthly-dividend-of-0-09.html.
Cushing MLP Total Return Fund Company Profile
The Cushing MLP Total Return Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. The Fund, under normal market conditions, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of master limited partnerships (MLPs) and MLP-related investments.
Receive News & Ratings for Cushing MLP Total Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushing MLP Total Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.