NXG Cushing Midstream Energy Fund (SRV) To Go Ex-Dividend on January 16th

NXG Cushing Midstream Energy Fund (NYSE:SRV) declared a monthly dividend on Tuesday, December 2nd. Investors of record on Friday, January 16th will be paid a dividend of 0.45 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 13.4%. The ex-dividend date is Friday, January 16th.

NXG Cushing Midstream Energy Fund Trading Down 0.2%

SRV opened at $40.15 on Wednesday. NXG Cushing Midstream Energy Fund has a twelve month low of $34.24 and a twelve month high of $50.61. The company’s 50-day moving average price is $40.61 and its two-hundred day moving average price is $42.36.

NXG Cushing Midstream Energy Fund Company Profile

The Cushing MLP & Infrastructure Total Return Fund (NYSE: SRV) is a closed-end management investment company that primarily focuses on equity securities of midstream energy partnerships. The fund seeks to deliver long-term total return through a combination of current distributions and capital appreciation by investing in publicly traded master limited partnerships (MLPs) and affiliated entities engaged in the transportation, storage, processing and marketing of natural gas, crude oil, refined products and related commodities.

The fund’s portfolio is heavily weighted toward midstream energy infrastructure, including pipelines, terminals, storage facilities and processing plants.