Cushing Energy Income Fund (NYSE:SRF) declared a monthly dividend on Friday, December 1st, NASDAQ reports. Shareholders of record on Monday, December 18th will be paid a dividend of 0.04 per share on Friday, December 29th. This represents a $0.48 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date of this dividend is Friday, December 15th.

Cushing Energy Income Fund has decreased its dividend payment by an average of 51.7% annually over the last three years.

Cushing Energy Income Fund (NYSE:SRF) opened at $9.08 on Thursday. Cushing Energy Income Fund has a 12 month low of $7.81 and a 12 month high of $10.08.

In other Cushing Energy Income Fund news, major shareholder Richard Page Howard bought 19,000 shares of Cushing Energy Income Fund stock in a transaction dated Monday, December 4th. The shares were purchased at an average cost of $8.85 per share, with a total value of $168,150.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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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.

Dividend History for Cushing Energy Income Fund (NYSE:SRF)

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