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

NXG Cushing Midstream Energy Fund (NYSE:SRV) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.50 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 13.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

NXG Cushing Midstream Energy Fund Trading Up 0.4%

SRV opened at $45.26 on Thursday. The business’s 50-day moving average is $47.62 and its two-hundred day moving average is $46.53. NXG Cushing Midstream Energy Fund has a 1 year low of $38.11 and a 1 year high of $51.54.

About NXG Cushing Midstream Energy Fund

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.