Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a monthly dividend on Friday, August 2nd, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.1037 per share by the investment management company on Thursday, October 31st. This represents a $1.24 dividend on an annualized basis and a yield of 14.87%. The ex-dividend date of this dividend is Tuesday, October 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 Trading Up 0.5 %
CRF stock traded up $0.04 during midday trading on Friday, reaching $8.37. 2,450,881 shares of the company’s stock traded hands, compared to its average volume of 680,508. Cornerstone Total Return Fund has a 52-week low of $6.05 and a 52-week high of $8.40. The stock’s 50-day moving average is $7.59.
Cornerstone Total Return Fund Company Profile
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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