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NXG Cushing Midstream Energy Fund (NXG Cushing Midstream Energy Fund) Dividend Yield %

: 13.75% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of NXG Cushing Midstream Energy Fund is 13.75%.

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

SRV' s Dividend Yield % Range Over the Past 10 Years
Min: 3.89   Med: 9.51   Max: 33.24
Current: 13.75

During the past 7 years, the highest Dividend Yield of NXG Cushing Midstream Energy Fund was 33.24%. The lowest was 3.89%. And the median was 9.51%.

SRV's Dividend Yield % is ranked better than
94.58% of 1217 companies
in the Asset Management industry
Industry Median: 5.66 vs SRV: 13.75

NXG Cushing Midstream Energy Fund's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.42.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NXG Cushing Midstream Energy Fund is 3.51, which seems too high.

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.

As of today (2024-04-18), the Forward Dividend Yield % of NXG Cushing Midstream Energy Fund is 13.75%.

NXG Cushing Midstream Energy Fund's Dividends per Share for the six months ended in Nov. 2023 was $2.70.

During the past 12 months, NXG Cushing Midstream Energy Fund's average Dividends Per Share Growth Rate was 81.80% 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.


NXG Cushing Midstream Energy Fund Dividend Yield % Historical Data

The historical data trend for NXG Cushing Midstream Energy Fund's Dividend Yield % 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 Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Yield %
Premium Member Only Premium Member Only 11.45 17.33 4.55 7.49 15.41

NXG Cushing Midstream Energy Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.55 4.60 7.49 13.38 15.41

Competitive Comparison

For the Asset Management subindustry, NXG Cushing Midstream Energy Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

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



NXG Cushing Midstream Energy Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

NXG Cushing Midstream Energy Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4502024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-12-042023-12-052023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-11-022023-11-032023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-09-152023-09-182023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-07-172023-07-182023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-05-122023-05-152023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NXG Cushing Midstream Energy Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.4/39.28
=13.75 %

Current Share Price is $39.28.
NXG Cushing Midstream Energy Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.4.

NXG Cushing Midstream Energy Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.4/39.28
=13.75 %

Current Share Price is $39.28.
NXG Cushing Midstream Energy Fund's Dividends per Share for the forward twelve months is calculated as $0.45 * 12 = $5.4.

* 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.


NXG Cushing Midstream Energy Fund  (NYSE:SRV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


NXG Cushing Midstream Energy Fund Dividend Yield % Related Terms

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


NXG Cushing Midstream Energy Fund (NXG Cushing Midstream Energy Fund) Business Description

Traded in Other Exchanges
N/A
Address
600 N. Pearl Street, Suite 1205, Dallas, TX, USA, 75201
The Cushing MLP & Infrastructure Total Return 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 in a portfolio of infrastructure master limited partnerships (MLPs) and MLP-related investments.
Executives
Todd Sunderland other: Adviser COO 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John Alban officer: CFO/Treasurer and Interim CCO THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
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
John M. Musgrave other: Portfolio Manager 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Blake Nelson officer: Chief Financial Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Brian R Bruce director 5945 GLENDOWER LANE, PLANO TX 75093
Andrea Mullins director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
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