Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.1168 per share by the investment management company on Friday, January 31st. This represents a $1.40 dividend on an annualized basis and a yield of 16.00%. The ex-dividend date of this dividend is Wednesday, January 15th.
Cornerstone Total Return Fund has increased its dividend by an average of 51.5% annually over the last three years.
Cornerstone Total Return Fund Trading Down 1.5 %
Cornerstone Total Return Fund stock traded down $0.13 during mid-day trading on Monday, reaching $8.76. 258,526 shares of the company traded hands, compared to its average volume of 555,319. The stock’s 50 day moving average price is $7.98. Cornerstone Total Return Fund has a 52-week low of $6.52 and a 52-week high of $9.75.
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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