Somewhat Positive News Coverage Somewhat Unlikely to Affect Cushing Renaissance Fund (SZC) Share Price
Media headlines about Cushing Renaissance Fund (NYSE:SZC) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cushing Renaissance Fund earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 47.1825356346647 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Cushing Renaissance Fund (SZC) opened at $17.83 on Thursday. Cushing Renaissance Fund has a twelve month low of $16.42 and a twelve month high of $19.50.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 16th will be issued a $0.1367 dividend. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.64 annualized dividend and a yield of 9.20%.
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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