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

Cushing MLP Total Return Fund (NYSE:SRV) announced a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Shareholders of record on Friday, April 12th will be paid a dividend of 0.0903 per share by the investment management company on Tuesday, April 30th. This represents a $1.08 annualized dividend and a dividend yield of 10.42%. The ex-dividend date is Thursday, April 11th.

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

Shares of NYSE:SRV traded up $0.06 during trading hours on Wednesday, hitting $10.40. The stock had a trading volume of 149 shares, compared to its average volume of 33,240. Cushing MLP Total Return Fund has a 1-year low of $7.90 and a 1-year high of $12.58.

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Cushing MLP Total Return Fund Company Profile

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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