Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a monthly dividend on Tuesday, August 6th,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.1037 per share by the investment management company on Friday, November 29th. This represents a $1.24 annualized dividend and a dividend yield of 13.59%. The ex-dividend date of this dividend is Friday, November 15th.
Cornerstone Total Return Fund has decreased its dividend payment by an average of 13.2% annually over the last three years.
Cornerstone Total Return Fund Stock Up 0.5 %
NYSEAMERICAN CRF opened at $9.16 on Thursday. Cornerstone Total Return Fund has a 52 week low of $6.52 and a 52 week high of $9.25. The firm’s 50 day moving average price is $7.68.
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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