CUSHING RENAISS/COM (SZC) Plans $0.14 Monthly Dividend

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CUSHING RENAISS/COM (NYSE:SZC) declared a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Shareholders of record on Monday, September 17th will be given a dividend of 0.1367 per share by the investment management company on Friday, September 28th. This represents a $1.64 dividend on an annualized basis and a yield of 8.46%. The ex-dividend date is Friday, September 14th.

CUSHING RENAISS/COM has decreased its dividend by an average of 5.9% per year over the last three years.

SZC traded up $0.24 during trading on Wednesday, reaching $19.40. The stock had a trading volume of 30,903 shares, compared to its average volume of 48,438. CUSHING RENAISS/COM has a one year low of $15.35 and a one year high of $21.30.


The Cushing Renaissance Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies.

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