Cushing MLP Total Return Fund Declares Dividend of $0.09 (srv)
Cushing MLP Total Return Fund (NYSE:srv) announced a dividend on Thursday, September 1st. Stockholders of record on Monday, September 19th will be paid a dividend of 0.09 per share by the investment management company on Friday, September 30th. The ex-dividend date is Thursday, September 15th.
Shares of Cushing MLP Total Return Fund (NYSE:SRV) opened at 13.37 on Friday. Cushing MLP Total Return Fund has a 52 week low of $6.80 and a 52 week high of $14.75. The stock has a 50 day moving average price of $12.73 and a 200 day moving average price of $11.53.
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About Cushing MLP Total Return Fund
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 seeks to achieve its investment objective by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in master limited partnership (MLP) investments; over 50% of its Managed Assets in securities of MLPs and other natural resource companies that are not publicly traded, or that are otherwise restricted securities, and over 20% of its Managed Assets in securities of companies that are not MLPs, including other natural resource companies, and the United States and non-United States issuers that may not constitute other natural resource companies, among others.
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