Somewhat Positive News Coverage Somewhat Unlikely to Affect Cushing MLP Total Return Fund (SRV) Share Price
News headlines about Cushing MLP Total Return Fund (NYSE:SRV) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cushing MLP Total Return Fund earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 46.8462569821478 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Cushing MLP Total Return Fund (NYSE:SRV) traded up $0.09 during trading on Wednesday, hitting $11.48. The company’s stock had a trading volume of 59,900 shares, compared to its average volume of 30,031. Cushing MLP Total Return Fund has a fifty-two week low of $10.00 and a fifty-two week high of $15.08.
The company also recently announced a monthly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 18th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, December 15th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 9.41%.
Cushing MLP Total Return Fund Company Profile
The Cushing MLP Total Return Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. The Fund, under normal market conditions, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of master limited partnerships (MLPs) and MLP-related investments.
Receive News & Ratings for Cushing MLP Total Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushing MLP Total Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.