SRV (NXG Cushing Midstream Energy Fund) Dividend Payout Ratio : 0.46 (As of May. 2024)

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What is NXG Cushing Midstream Energy Fund Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. NXG Cushing Midstream Energy Fund's Dividend Payout Ratio for the months ended in May. 2024 was 0.46.

The historical rank and industry rank for NXG Cushing Midstream Energy Fund's Dividend Payout Ratio or its related term are showing as below:

SRV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 2.78 Max: 12.04
Current: 0.44

During the past 7 years, the highest Dividend Payout Ratio of NXG Cushing Midstream Energy Fund was 12.04. The lowest was 0.13. And the median was 2.78.

SRV's Dividend Payout Ratio is ranked better than
66.63% of 1022 companies
in the Asset Management industry
Industry Median: 0.675 vs SRV: 0.44

As of today (2024-12-12), the Dividend Yield % of NXG Cushing Midstream Energy Fund is 11.77%.

During the past 7 years, the highest Trailing Annual Dividend Yield of NXG Cushing Midstream Energy Fund was 33.24%. The lowest was 3.89%. And the median was 10.17%.

NXG Cushing Midstream Energy Fund's Dividends per Share for the months ended in May. 2024 was $2.63.

During the past 12 months, NXG Cushing Midstream Energy Fund's average Dividends Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of NXG Cushing Midstream Energy Fund was 28.10% per year. The lowest was -30.70% per year. And the median was -13.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

NXG Cushing Midstream Energy Fund Dividend Payout Ratio Historical Data

The historical data trend for NXG Cushing Midstream Energy Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NXG Cushing Midstream Energy Fund Dividend Payout Ratio Chart

NXG Cushing Midstream Energy Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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12.04

0.13

0.36

3.51

NXG Cushing Midstream Energy Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Dividend Payout Ratio	Get a 7-Day Free Trial									0.12	2.74	-	0.42	0.46

Competitive Comparison of NXG Cushing Midstream Energy Fund's Dividend Payout Ratio

For the Asset Management subindustry, NXG Cushing Midstream Energy Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NXG Cushing Midstream Energy Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NXG Cushing Midstream Energy Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NXG Cushing Midstream Energy Fund's Dividend Payout Ratio falls into.

NXG Cushing Midstream Energy Fund Dividend Payout Ratio Calculation

NXG Cushing Midstream Energy Fund's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	5.266	/	1.502
	=	3.51

NXG Cushing Midstream Energy Fund's Dividend Payout Ratio for the quarter that ended in May. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: May. 2024 )	/	EPS without NRI (Q: May. 2024 )
	=	2.633	/	5.714
	=	0.46

NXG Cushing Midstream Energy Fund (NYSE:SRV) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

NXG Cushing Midstream Energy Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NXG Cushing Midstream Energy Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NXG Cushing Midstream Energy Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NXG Cushing Midstream Energy Fund (NYSE:SRV) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 N. Pearl Street, Suite 1205, Dallas, TX, USA, 75201

Website

http://www.cushingcef.com

NXG Cushing Midstream Energy Fund is a non-diversified, closed-end management investment company with an investment objective of seeking a high after-tax total return from a combination of capital appreciation and current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in midstream energy investments.

Executives

Todd Sunderland	other: Adviser COO	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
John M. Musgrave	other: Portfolio Manager	8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Andrea Mullins	director	3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
John Alban	officer: CFO/Treasurer and Interim CCO	THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Jeffrey A Engelsman	officer: Chief Compliance Officer	865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mark Rhodes	officer: President	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Blake Nelson	officer: Chief Financial Officer	8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Brian R Bruce	director	5945 GLENDOWER LANE, PLANO TX 75093
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mathew Calabro	officer: Chief Compliance Officer	8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Saket Kumar	other: Adviser Managing Partner	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Brenda A Cline	other: Trustee	5101 TENNYSON PARKWAY, PLANO TX 75024
Jerry V Swank	officer: President and CEO	3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Daniel L Spears	other: Partner	C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206