Cushing MLP Total Return Fund (SRV) Declares Monthly Dividend of $0.09

Cushing MLP Total Return Fund (NYSE:SRV) declared a monthly dividend on Monday, October 1st, NASDAQ reports. Shareholders of record on Friday, October 19th will be paid a dividend of 0.09 per share by the investment management company on Wednesday, October 31st. This represents a $1.08 annualized dividend and a yield of 9.61%. The ex-dividend date is Thursday, October 18th.

Cushing MLP Total Return Fund has decreased its dividend by an average of 37.8% per year over the last three years.

Shares of SRV stock opened at $11.24 on Friday. Cushing MLP Total Return Fund has a 1-year low of $10.00 and a 1-year high of $13.05.

About Cushing MLP Total Return Fund

Cushing MLP & Infrastructure Total Return Fund (the Fund), formerly Cushing MLP Total Return 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 invests 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of infrastructure master limited partnerships (MLPs) and MLP-related investments (together, MLP Investments).

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

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