Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) declared a monthly dividend on Wednesday, May 14th, Wall Street Journal reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.1168 per share by the investment management company on Tuesday, September 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 20.25%. The ex-dividend date is Monday, September 15th.
Cornerstone Total Return Fund has increased its dividend by an average of 46.3% annually over the last three years.
Cornerstone Total Return Fund Stock Performance
NYSEAMERICAN CRF opened at $6.92 on Friday. Cornerstone Total Return Fund has a 1-year low of $5.81 and a 1-year high of $9.75. The business has a 50 day simple moving average of $6.97 and a two-hundred day simple moving average of $7.94.
About Cornerstone Total Return Fund
Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.
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