NXG Cushing Midstream Energy Fund (SRV) To Go Ex-Dividend on March 14th

NXG Cushing Midstream Energy Fund (NYSE:SRVGet Free Report) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Investors of record on Friday, March 15th will be given a dividend of 0.45 per share by the investment management company on Thursday, March 28th. This represents a $5.40 dividend on an annualized basis and a yield of 15.62%. The ex-dividend date is Thursday, March 14th.

NXG Cushing Midstream Energy Fund has increased its dividend by an average of 25.0% per year over the last three years.

NXG Cushing Midstream Energy Fund Price Performance

SRV opened at $34.57 on Wednesday. The firm has a 50 day moving average price of $34.22 and a 200 day moving average price of $37.36. NXG Cushing Midstream Energy Fund has a 1 year low of $29.74 and a 1 year high of $44.30.

Institutional Trading of NXG Cushing Midstream Energy Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors purchased a new position in NXG Cushing Midstream Energy Fund in the 2nd quarter worth approximately $45,000. UBS Group AG boosted its stake in shares of NXG Cushing Midstream Energy Fund by 15.6% during the 2nd quarter. UBS Group AG now owns 6,012 shares of the investment management company’s stock valued at $167,000 after buying an additional 811 shares during the last quarter. Advisor Group Holdings Inc. boosted its stake in shares of NXG Cushing Midstream Energy Fund by 115.0% during the 4th quarter. Advisor Group Holdings Inc. now owns 6,709 shares of the investment management company’s stock valued at $225,000 after buying an additional 3,588 shares during the last quarter. LPL Financial LLC boosted its stake in shares of NXG Cushing Midstream Energy Fund by 4.6% during the 4th quarter. LPL Financial LLC now owns 9,169 shares of the investment management company’s stock valued at $308,000 after buying an additional 407 shares during the last quarter. Finally, Stifel Financial Corp purchased a new position in shares of NXG Cushing Midstream Energy Fund during the 1st quarter valued at approximately $357,000.

About NXG Cushing Midstream Energy Fund

(Get Free Report)

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.

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Dividend History for NXG Cushing Midstream Energy Fund (NYSE:SRV)

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