The Cushing Royalty & Income Fund (SRF) 6.40 $SRF
Cushing® Royalty & Income Fund Announces Quarterly Distribution and Distribution Changes
PR Newswire - Fri Jan 23, 8:15AM CST
The Cushing® Royalty & Income Fund (NYSE: SRF) announced today that the Fund's Board of Trustees has declared a quarterly distribution for the fiscal quarter ending February 28, 2015 of $0.118 per common share. The Fund's distribution will be payable on March 16, 2015 to shareholders of record on March 11, 2015. The ex-date for the Fund's distribution is March 9, 2015. The Fund's current quarterly distribution represents an annualized distribution rate of 7.48%, based on market price and 7.91% based on net asset value, each as of January 21, 2015.
SRF: 6.40 (+0.02)
Beware: SRF Is Likely To Cut Its 23.5% Distribution
Value and Income Insights - at Seeking Alpha - Sat Dec 27, 10:04AM CST
LINE: 12.94 (+0.40), SRF: 6.40 (+0.02), IEO: 76.79 (+1.93), XLE: 82.04 (+1.70)
Hedge Your Upstream MLPs By Shorting SRF
MLP Trader - at Seeking Alpha - Tue Dec 02, 3:19AM CST
SRF: 6.40 (+0.02)
Cushing Royalty & Income Fund declares USD0.50 per share distribution for quarter
M2 - Mon Nov 24, 6:51AM CST
Non-diversified, closed-end management investment company the Cushing Royalty & Income Fund (NYSE:SRF) reported on Friday that it will pay a common share distribution of USD0.50 per share for the fiscal quarter ending 30 November 2014.
SRF: 6.40 (+0.02)
Cushing® Royalty & Income Fund Announces Quarterly Distribution
PR Newswire - Fri Nov 21, 8:02AM CST
The Cushing® Royalty & Income Fund (NYSE: SRF) declared a quarterly distribution for the fiscal quarter ending November 30, 2014 of $0.50 per common share. The Fund's distribution will be payable on December 23, 2014 to shareholders of record on December 18, 2014. The ex-date for the Fund's distribution is December 16, 2014.
SRF: 6.40 (+0.02)
The Cushing® Royalty & Income Fund Announces Exercise of Over-Allotment Option
PR Newswire - Fri Jul 18, 9:30AM CDT
The Cushing® Royalty & Income Fund (the "Fund"
(NYSE: SRF) today announced that the underwriters of its previously announced public offering of common shares, which was closed on June 23, 2014, have exercised a portion of their over-allotment option and purchased an additional 270,600 common shares at a price of $20.25 per share. The closing of the exercise of the over-allotment option occurred today. Net proceeds to the Fund from the exercise of the over-allotment option are approximately $5.2 million, after deducting underwriting discounts and commissions and other offering expenses. In total, an aggregate of 2,670,600 common shares were issued in the Fund's public offering, resulting in net proceeds to the Fund of approximately $51.6 million.
SRF: 6.40 (+0.02)
The Cushing® Royalty & Income Fund Announces Closing of Public Offering of Common Shares
PR Newswire - Mon Jun 23, 3:49PM CDT
The Cushing® Royalty & Income Fund (the "Fund" (NYSE: SRF) today announced it has closed a public offering of 2,400,000 common shares at a price of $20.25 per share. Net proceeds from the offering of approximately $46.4 million will be used to make additional portfolio investments that are consistent with the Fund's investment objective.
SRF: 6.40 (+0.02)
The Cushing® Royalty & Income Fund Announces Upsizing and Pricing of Public Offering of Common Shares
PR Newswire - Wed Jun 18, 8:03AM CDT
The Cushing® Royalty & Income Fund (the "Fund" (NYSE: SRF) today announced the upsizing and pricing of a public offering of common shares. The Fund agreed to sell a total of 2,400,000 common shares at a price to the public of $20.25 per share (exclusive of 360,000 common shares that the underwriters may purchase pursuant to a 30-day option to cover overallotments, if any). Net proceeds from the offering (before exercise of the underwriters' overallotment option) of approximately $46.4 million will be used to make additional portfolio investments that are consistent with the Fund's investment objective. The offering is scheduled to close on June 23, 2014.
SRF: 6.40 (+0.02)
Cushing® Royalty & Income Fund Announces Quarterly Distribution and Distribution Changes
PR Newswire - Fri Jan 23, 8:15AM CST
The Cushing® Royalty & Income Fund (NYSE: SRF) announced today that the Fund's Board of Trustees has declared a quarterly distribution for the fiscal quarter ending February 28, 2015 of $0.118 per common share. The Fund's distribution will be payable on March 16, 2015 to shareholders of record on March 11, 2015. The ex-date for the Fund's distribution is March 9, 2015. The Fund's current quarterly distribution represents an annualized distribution rate of 7.48%, based on market price and 7.91% based on net asset value, each as of January 21, 2015.
SRF: 6.40 (+0.02)
Beware: SRF Is Likely To Cut Its 23.5% Distribution
Value and Income Insights - at Seeking Alpha - Sat Dec 27, 10:04AM CST
LINE: 12.94 (+0.40), SRF: 6.40 (+0.02), IEO: 76.79 (+1.93), XLE: 82.04 (+1.70)
Hedge Your Upstream MLPs By Shorting SRF
MLP Trader - at Seeking Alpha - Tue Dec 02, 3:19AM CST
SRF: 6.40 (+0.02)
Cushing Royalty & Income Fund declares USD0.50 per share distribution for quarter
M2 - Mon Nov 24, 6:51AM CST
Non-diversified, closed-end management investment company the Cushing Royalty & Income Fund (NYSE:SRF) reported on Friday that it will pay a common share distribution of USD0.50 per share for the fiscal quarter ending 30 November 2014.
SRF: 6.40 (+0.02)
Cushing® Royalty & Income Fund Announces Quarterly Distribution
PR Newswire - Fri Nov 21, 8:02AM CST
The Cushing® Royalty & Income Fund (NYSE: SRF) declared a quarterly distribution for the fiscal quarter ending November 30, 2014 of $0.50 per common share. The Fund's distribution will be payable on December 23, 2014 to shareholders of record on December 18, 2014. The ex-date for the Fund's distribution is December 16, 2014.
SRF: 6.40 (+0.02)
The Cushing® Royalty & Income Fund Announces Exercise of Over-Allotment Option
PR Newswire - Fri Jul 18, 9:30AM CDT
The Cushing® Royalty & Income Fund (the "Fund"
(NYSE: SRF) today announced that the underwriters of its previously announced public offering of common shares, which was closed on June 23, 2014, have exercised a portion of their over-allotment option and purchased an additional 270,600 common shares at a price of $20.25 per share. The closing of the exercise of the over-allotment option occurred today. Net proceeds to the Fund from the exercise of the over-allotment option are approximately $5.2 million, after deducting underwriting discounts and commissions and other offering expenses. In total, an aggregate of 2,670,600 common shares were issued in the Fund's public offering, resulting in net proceeds to the Fund of approximately $51.6 million. SRF: 6.40 (+0.02)
The Cushing® Royalty & Income Fund Announces Closing of Public Offering of Common Shares
PR Newswire - Mon Jun 23, 3:49PM CDT
The Cushing® Royalty & Income Fund (the "Fund"
(NYSE: SRF) today announced it has closed a public offering of 2,400,000 common shares at a price of $20.25 per share. Net proceeds from the offering of approximately $46.4 million will be used to make additional portfolio investments that are consistent with the Fund's investment objective. SRF: 6.40 (+0.02)
The Cushing® Royalty & Income Fund Announces Upsizing and Pricing of Public Offering of Common Shares
PR Newswire - Wed Jun 18, 8:03AM CDT
The Cushing® Royalty & Income Fund (the "Fund"
(NYSE: SRF) today announced the upsizing and pricing of a public offering of common shares. The Fund agreed to sell a total of 2,400,000 common shares at a price to the public of $20.25 per share (exclusive of 360,000 common shares that the underwriters may purchase pursuant to a 30-day option to cover overallotments, if any). Net proceeds from the offering (before exercise of the underwriters' overallotment option) of approximately $46.4 million will be used to make additional portfolio investments that are consistent with the Fund's investment objective. The offering is scheduled to close on June 23, 2014. SRF: 6.40 (+0.02)
