Cushing Renaissance Fund (SZC) Earning Somewhat Favorable Media Coverage, Report Finds
News headlines about Cushing Renaissance Fund (NYSE:SZC) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cushing Renaissance Fund earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 47.3282555490592 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th will be issued a dividend of $0.1367 per share. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.64 annualized dividend and a yield of 8.93%.
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Cushing Renaissance Fund Company Profile
The Cushing Renaissance Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high total return with an emphasis on current income. It seeks to achieve its investment objective by investing at least 80% of its managed assets in upstream, midstream and downstream energy companies, as well as oil and gas services companies; chemical, metal and industrial and manufacturing companies; engineering and construction companies, and transportation and logistics companies.
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