NXG Cushing Midstream Energy Fund (SRV) To Go Ex-Dividend on August 15th

NXG Cushing Midstream Energy Fund (NYSE:SRV) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Shareholders of record on Friday, August 15th will be paid a dividend of 0.45 per share by the investment management company on Friday, August 29th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 13.06%. The ex-dividend date of this dividend is Friday, August 15th.

NXG Cushing Midstream Energy Fund Trading Up 0.1%

Shares of SRV opened at $41.36 on Thursday. The firm has a 50-day simple moving average of $39.50 and a two-hundred day simple moving average of $43.19. NXG Cushing Midstream Energy Fund has a 1-year low of $34.24 and a 1-year high of $50.61.

NXG Cushing Midstream Energy Fund Company Profile

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.