The Cushing® Renaissance Fund (NYSE:SZC) stock identified change of 4.36% away from 52-week low price and recently located move of -33.80% off 52-week high price. It has market worth of $102.72M and dividend yield of 12.46%. SZC stock has been recorded -1.53% away from 50 day moving average and -12.58% away from 200 day moving average. Moving closer, we can see that shares have been trading -2.13% off 20-day moving average.
On Oct. 1, 2019, The Cushing® Renaissance Fund (NYSE:SZC) reported a distribution for October 2019 of $0.1367 per common share. The Fund’s distribution will be payable on October 31, 2019 to shareholders of record on October 18, 2019. The ex-date for the Fund’s distribution is October 17, 2019.
It is anticipated but not certain that approximately 56% of the Fund’s distribution will be treated as a return of capital. The final determination of such amounts will be made and reported to shareholders in early 2020, after the end of the calendar year when the Fund determines its earnings and profits for the year. The final tax status of the distribution may differ substantially from this preliminary information.
The Fund is a non-diversified, closed-end management investment company with an investment objective of seeking a high total return with an emphasis on current income. The Fund seeks to provide shareholders with a vehicle to invest in an actively managed portfolio of companies that may benefit from the developing U.S. energy, industrial and manufacturing renaissance. The Fund is traded on the New York Stock Exchange under the symbol SZC. The Financial sector company, The Cushing Renaissance Fund noticed change of -0.83% to $13.16 along volume of 34399 shares in recent session compared to an average volume of 96.56K. The stock observed return of -2.16% in 5 days trading activity. The stock was at 0.61% over one month performance. SZC’s shares are at -5.26% for the quarter and driving a -31.57% return over the course of the past year and is now at -2.01% since this point in 2018.
The average volatility for the week at 1.27% and for month was at 1.44%. There are 7.81M shares outstanding.