Cushing Energy Income Fund (SRF) Given Daily News Impact Rating of 0.10
Media headlines about Cushing Energy Income Fund (NYSE:SRF) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cushing Energy Income Fund earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.0026026611774 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Cushing Energy Income Fund (NYSE SRF) traded down 1.5182% during mid-day trading on Thursday, hitting $8.1148. 2,826 shares of the company traded hands. Cushing Energy Income Fund has a 52-week low of $7.91 and a 52-week high of $10.14. The firm has a 50-day moving average price of $8.36 and a 200 day moving average price of $9.04.
The business also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 17th will be given a $0.04 dividend. The ex-dividend date is Tuesday, August 15th. This represents a $0.48 dividend on an annualized basis and a yield of 5.83%.
About Cushing Energy Income Fund
The Cushing Energy Income Fund (the Fund) is a non-diversified and closed-end investment company. The Fund’s investment objective is to seek a high total return with an emphasis on current income. The Fund seeks to achieve its investment objective by investing, under normal market conditions at least 80% of its net assets, plus any borrowings for investment purposes, in public and private securities of energy companies involved in exploring; developing; producing; transporting; gathering and processing; storing; refining; distributing; mining or marketing natural gas; natural gas liquids; crude oil, and refined products or coal.
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