Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Announces $0.12 — Dividend

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a — dividend on Wednesday, November 6th, Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.1168 per share by the investment management company on Friday, February 28th. This represents a yield of 16.7%. The ex-dividend date of this dividend is Friday, February 14th.

Cornerstone Total Return Fund has decreased its dividend by an average of 13.2% per year over the last three years.

Cornerstone Total Return Fund Stock Up 1.7 %

CRF stock traded up $0.14 during midday trading on Wednesday, hitting $8.52. The stock had a trading volume of 215,860 shares, compared to its average volume of 678,561. The company’s fifty day moving average price is $7.68. Cornerstone Total Return Fund has a 1-year low of $6.52 and a 1-year high of $8.52.

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.