Cushing Energy Income Fund (SRF) Receives Media Sentiment Rating of 0.19
Media coverage about Cushing Energy Income Fund (NYSE:SRF) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cushing Energy Income Fund earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.2492811473588 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Cushing Energy Income Fund (NYSE SRF) traded up $0.15 during trading on Friday, reaching $8.83. The company’s stock had a trading volume of 30,293 shares, compared to its average volume of 15,366. Cushing Energy Income Fund has a 1 year low of $7.81 and a 1 year high of $10.14.
The company also recently announced a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th were given a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $0.48 annualized dividend and a yield of 5.44%.
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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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