Cushing MLP Total Return Fund (NYSE:SRV) Increases Dividend to $0.09 Per Share

Cushing MLP Total Return Fund (NYSE:SRV) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Monday, December 16th will be paid a dividend of 0.0903 per share by the investment management company on Tuesday, December 31st. This represents a $1.08 dividend on an annualized basis and a yield of 11.43%. The ex-dividend date is Friday, December 13th. This is a boost from Cushing MLP Total Return Fund’s previous monthly dividend of $0.09.

Cushing MLP Total Return Fund stock traded down $0.11 during mid-day trading on Wednesday, hitting $9.48. The company’s stock had a trading volume of 5,408 shares, compared to its average volume of 28,471. The business has a 50 day moving average price of $9.48 and a 200-day moving average price of $9.90. Cushing MLP Total Return Fund has a 12 month low of $7.90 and a 12 month high of $10.74.

About Cushing MLP Total Return Fund

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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