Cushing MLP Total Return Fund (NYSE:SRV)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.88 and traded as high as $9.88. Cushing MLP Total Return Fund shares last traded at $9.81, with a volume of 7,292 shares trading hands.
The stock’s 50-day moving average price is $9.51 and its two-hundred day moving average price is $9.87.
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a $0.0903 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Cushing MLP Total Return Fund’s previous monthly dividend of $0.09. This represents a $1.08 annualized dividend and a yield of 11.15%.
Cushing MLP Total Return Fund Company Profile (NYSE:SRV)
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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