Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Announces Monthly Dividend of $0.10

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a monthly dividend on Wednesday, August 7th,Wall Street Journal reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.1037 per share by the investment management company on Tuesday, December 31st. This represents a $1.24 annualized dividend and a dividend yield of 14.01%. The ex-dividend date of this dividend is Monday, December 16th.

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

Cornerstone Total Return Fund Price Performance

Shares of NYSEAMERICAN CRF opened at $8.89 on Friday. The business’s fifty day moving average is $7.85. Cornerstone Total Return Fund has a 1-year low of $6.52 and a 1-year high of $9.75.

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.