NXG Cushing Midstream Energy Fund (SRV) to Issue Monthly Dividend of $0.45 on December 31st

NXG Cushing Midstream Energy Fund (NYSE:SRV) announced a monthly dividend on Friday, November 7th. Shareholders of record on Tuesday, December 2nd will be paid a dividend of 0.45 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 13.1%. The ex-dividend date is Tuesday, December 2nd.

NXG Cushing Midstream Energy Fund Stock Performance

SRV stock opened at $41.19 on Friday. The stock’s 50 day moving average is $43.22 and its two-hundred day moving average is $42.67. NXG Cushing Midstream Energy Fund has a 52-week low of $34.24 and a 52-week high of $50.61.

About NXG Cushing Midstream Energy Fund

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.