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SRV Sirvis

160.00
0.00 (0.00%)
29 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sirvis LSE:SRV London Ordinary Share GB00B23PRH18 ORD 40P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 160.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

The Cushing MLP Total Return Fund Announces Quarterly Dividend

14/08/2009 2:35pm

PR Newswire (US)


Sirvis It (LSE:SRV)
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DALLAS, Aug. 14 /PRNewswire-FirstCall/ -- The Cushing MLP Total Return Fund (NYSE:SRV) declared its quarterly dividend of $0.225 per common share for the quarter ending August 31, 2009. The dividend will be payable on September 10, 2009 to shareholders of record on August 28, 2009. The ex-date for the dividend is August 26, 2009. It is anticipated that substantially all of this dividend will be treated as a return of capital. The final determination of such amount will be made in early 2010, after the end of the calendar year when the Fund can determine its earnings and profits. The final tax status of the dividend may differ substantially from this preliminary information. The Cushing MLP Total Return Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. No assurance can be given that the Fund's investment objective will be achieved. The Fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in MLP investments. The Fund is traded on the New York Stock Exchange under the symbol "SRV." The Fund is managed by Swank Energy Income Advisors, LP, an SEC-registered Investment Advisor headquartered in Dallas, Texas. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words, "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from the Fund's historical experience and its present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; MLP industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in the Fund's filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Fund's investment objectives will be attained. DATASOURCE: The Cushing MLP Total Return Fund CONTACT: The Cushing MLP Total Return Fund, 1-800-662-7232 Web Site: http://www.swankcapital.com/

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