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

Cushing MLP Total Return Fund (NYSE:SRV) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Friday, August 16th will be given a dividend of 0.09 per share by the investment management company on Friday, August 30th. This represents a $1.08 annualized dividend and a dividend yield of 10.96%. The ex-dividend date is Thursday, August 15th.

Cushing MLP Total Return Fund has decreased its dividend payment by an average of 2.7% per year over the last three years.

Shares of SRV stock traded up $0.25 during mid-day trading on Tuesday, hitting $9.85. 3,517 shares of the company’s stock were exchanged, compared to its average volume of 30,354. Cushing MLP Total Return Fund has a fifty-two week low of $7.90 and a fifty-two week high of $12.54. The company has a 50-day simple moving average of $10.31.

About Cushing MLP Total Return Fund

Cushing MLP Total Return Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities.

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

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