Cushing Energy Income Fund (NYSE:SRF) declared a monthly dividend on Friday, September 1st, NASDAQ reports. Shareholders of record on Monday, September 18th will be paid a dividend of 0.04 per share on Friday, September 29th. This represents a $0.48 annualized dividend and a yield of 5.96%. The ex-dividend date is Friday, September 15th.
Cushing Energy Income Fund has decreased its dividend by an average of 51.7% annually over the last three years.
Shares of Cushing Energy Income Fund (NYSE:SRF) traded up 0.7457% during trading on Tuesday, reaching $8.1201. The company’s stock had a trading volume of 12,918 shares. The stock has a 50-day moving average of $8.17 and a 200-day moving average of $8.74. Cushing Energy Income Fund has a 52-week low of $7.81 and a 52-week high of $10.14.
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Cushing Energy Income Fund Company Profile
The Cushing Energy Income Fund (the Fund) is a non-diversified and closed-end investment company. The Fund’s investment objective is to seek a high total return with an emphasis on current income. The Fund seeks to achieve its investment objective by investing, under normal market conditions at least 80% of its net assets, plus any borrowings for investment purposes, in public and private securities of energy companies involved in exploring; developing; producing; transporting; gathering and processing; storing; refining; distributing; mining or marketing natural gas; natural gas liquids; crude oil, and refined products or coal.
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