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

Cushing MLP Total Return Fund (NYSE:SRV) announced a monthly dividend on Tuesday, January 2nd, NASDAQ reports. Stockholders of record on Friday, January 19th will be given a dividend of 0.09 per share by the investment management company on Wednesday, January 31st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend is Thursday, January 18th.

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

Shares of Cushing MLP Total Return Fund (NYSE SRV) opened at $12.51 on Thursday. The firm has a market capitalization of $86.54, a PE ratio of 8.87 and a beta of 1.49. Cushing MLP Total Return Fund has a 52 week low of $10.00 and a 52 week high of $15.08.

ILLEGAL ACTIVITY WARNING: “Cushing MLP Total Return Fund (SRV) to Issue Monthly Dividend of $0.09” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/18/cushing-mlp-total-return-fund-to-issue-dividend-of-0-09-srv.html.

Cushing MLP Total Return Fund Company Profile

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.

Leave a Reply