NXG Cushing Midstream Energy Fund (NYSE:SRV – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $46.60 and traded as high as $47.18. NXG Cushing Midstream Energy Fund shares last traded at $46.9140, with a volume of 44,767 shares changing hands.
NXG Cushing Midstream Energy Fund Stock Performance
The stock has a 50 day moving average of $47.36 and a 200-day moving average of $46.63.
NXG Cushing Midstream Energy Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a $0.50 dividend. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Monday, November 16th.
Institutional Trading of NXG Cushing Midstream Energy Fund
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.
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