Cushing MLP Total Return Fund (NYSE:SRV) announced a monthly dividend on Tuesday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 17th will be paid a dividend of 0.09 per share by the investment management company on Thursday, August 31st. This represents a $1.08 annualized dividend and a yield of 8.67%. The ex-dividend date of this dividend is Tuesday, August 15th.

Cushing MLP Total Return Fund has decreased its dividend payment by an average of 31.6% per year over the last three years.

Shares of Cushing MLP Total Return Fund (NYSE:SRV) traded down 0.9647% during mid-day trading on Wednesday, reaching $12.3299. 8,256 shares of the company’s stock traded hands. Cushing MLP Total Return Fund has a 12-month low of $11.15 and a 12-month high of $15.08. The firm has a 50-day moving average of $12.18 and a 200 day moving average of $13.43.

ILLEGAL ACTIVITY WARNING: “Cushing MLP Total Return Fund Announces Monthly Dividend of $0.09 (SRV)” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/02/cushing-mlp-total-return-fund-announces-monthly-dividend-of-0-09-srv.html.

About Cushing MLP Total Return Fund

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.

Dividend History for Cushing MLP Total Return Fund (NYSE:SRV)

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.