Cushing Renaissance Fund (SZC) To Go Ex-Dividend on September 15th
Cushing Renaissance Fund (NYSE:SZC) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Monday, September 18th will be paid a dividend of 0.1367 per share by the investment management company on Friday, September 29th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 9.17%. The ex-dividend date of this dividend is Friday, September 15th.
Cushing Renaissance Fund has raised its dividend payment by an average of 10.1% annually over the last three years.
Cushing Renaissance Fund (SZC) opened at 17.89 on Thursday. Cushing Renaissance Fund has a one year low of $15.38 and a one year high of $19.10. The company has a 50 day moving average of $17.36 and a 200-day moving average of $17.72.
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Cushing Renaissance Fund Company Profile
The Cushing Renaissance Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high total return with an emphasis on current income. It seeks to achieve its investment objective by investing at least 80% of its managed assets in upstream, midstream and downstream energy companies, as well as oil and gas services companies; chemical, metal and industrial and manufacturing companies; engineering and construction companies, and transportation and logistics companies.
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