Cushing Energy Income Fund (NYSE:SRF) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Thursday, November 16th will be given a dividend of 0.04 per share on Thursday, November 30th. This represents a $0.48 annualized dividend and a dividend yield of 5.41%. The ex-dividend date is Wednesday, November 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) opened at $8.88 on Friday. Cushing Energy Income Fund has a 1-year low of $7.81 and a 1-year high of $10.14.
ILLEGAL ACTIVITY WARNING: “Cushing Energy Income Fund (SRF) to Issue Monthly Dividend of $0.04 on November 30th” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://sportsperspectives.com/2017/11/10/cushing-energy-income-fund-srf-to-issue-monthly-dividend-of-0-04-on-november-30th.html.
About Cushing Energy Income Fund
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.
Receive News & Ratings for Cushing Energy Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushing Energy Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.