NXG Cushing® Midstream Energy Fund Announces 11.1% Distribution Increase
The NXG Cushing® Midstream Energy Fund (NYSE: SRV) announced a monthly distribution increase of $0.50 per common share for June, July, and August 2026, representing an 11.1% rise from the prior rate of $0.45. The distributions are estimated to be fully characterized as return of capital based on current projections.
Topics: dividends return of capital