Cushing Energy Income Cf (NYSE:SRF) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Friday, August 16th will be given a dividend of 0.04 per share on Friday, August 30th. This represents a $0.48 annualized dividend and a yield of 7.92%. The ex-dividend date of this dividend is Thursday, August 15th.
Cushing Energy Income Cf has decreased its dividend payment by an average of 42.1% annually over the last three years.
SRF traded up $0.02 during trading on Tuesday, hitting $6.06. 967 shares of the company traded hands, compared to its average volume of 6,027. The firm’s fifty day moving average price is $6.72. Cushing Energy Income Cf has a one year low of $5.91 and a one year 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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