NXG Cushing Midstream Energy Fund (NYSE:SRV – Get Free Report) declared a monthly dividend on Friday, September 6th, Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.45 per share by the investment management company on Friday, November 29th. This represents a $5.40 dividend on an annualized basis and a yield of 12.61%. The ex-dividend date of this dividend is Friday, November 15th.
NXG Cushing Midstream Energy Fund has increased its dividend by an average of 28.1% annually over the last three years.
NXG Cushing Midstream Energy Fund Stock Performance
Shares of NYSE:SRV opened at $42.83 on Friday. NXG Cushing Midstream Energy Fund has a 52-week low of $32.50 and a 52-week high of $45.60. The business has a fifty day moving average of $42.27 and a two-hundred day moving average of $41.51.
Insider Activity
About NXG Cushing Midstream Energy Fund
NXG Cushing Midstream Energy 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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