Cushing Energy Income Cf (NYSE:SRF) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Friday, August 16th will be paid a dividend of 0.04 per share on Friday, August 30th. This represents a $0.48 annualized dividend and a yield of 7.95%. The ex-dividend date of this dividend is Thursday, August 15th.
Cushing Energy Income Cf has decreased its dividend by an average of 42.1% annually over the last three years.
NYSE SRF remained flat at $$6.04 during midday trading on Tuesday. The company’s stock had a trading volume of 240 shares, compared to its average volume of 6,027. The stock’s fifty day moving average price is $6.72. Cushing Energy Income Cf has a 52-week low of $5.91 and a 52-week high of $9.53.
The Cushing Energy Income Fund is a closed ended equity mutual fund of funds launched and managed by Cushing Asset Management, LP. The fund invests in the public equity markets of North America. It seeks to invest in stocks of companies operating in the energy and energy related sectors. The fund primarily invests in securities of royalty trusts, exploration and production trusts, exploration and production master limited partnerships, and dividend paying value and growth stocks of companies across all market capitalizations.
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