Cash Dividend On The Way From The Cushing Royalty & Income Fund (SRF)

Looking at the universe of stocks we cover at Dividend Channel, on 6/15/15, The Cushing Royalty & Income Fund (SRF) will trade ex-dividend, for its monthly dividend of $0.039, payable on 6/30/15. As a percentage of SRF's recent stock price of $4.75, this dividend works out to approximately 0.82%, so look for shares of The Cushing Royalty & Income Fund to trade 0.82% lower — all else being equal — when SRF shares open for trading on 6/15/15.

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Below is a dividend history chart for SRF, showing historical dividends prior to the most recent $0.039 declared by The Cushing Royalty & Income Fund:

SRF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SRF is likely to continue, and whether the current estimated yield of 9.85% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SRF shares, versus its 200 day moving average:

The Cushing Royalty & Income Fund 200 Day Moving Average Chart

Looking at the chart above, SRF's low point in its 52 week range is $4.66 per share, with $21.19 as the 52 week high point — that compares with a last trade of $4.75.

In Thursday trading, The Cushing Royalty & Income Fund shares are currently up about 0.4% on the day.

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