Cushing Energy Income Fund (SRF) Earns Daily News Sentiment Rating of 0.14
Media headlines about Cushing Energy Income Fund (NYSE:SRF) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cushing Energy Income Fund earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.2291684414403 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Cushing Energy Income Fund (NYSE SRF) traded down 0.2355% during mid-day trading on Thursday, reaching $8.4301. 3,912 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $8.12 and a 200-day moving average price of $8.67. Cushing Energy Income Fund has a 52 week low of $7.81 and a 52 week high of $10.14.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, September 18th will be issued a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend is Friday, September 15th.
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Cushing Energy Income Fund Company Profile
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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