Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) Declares Monthly Dividend of $0.12

Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Get Free Report) declared a monthly dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.1224 per share by the investment management company on Tuesday, September 30th. This represents a $1.47 annualized dividend and a dividend yield of 20.27%. The ex-dividend date of this dividend is Monday, September 15th.

Cornerstone Strategic Value Fund has raised its dividend payment by an average of 59.2% annually over the last three years.

Cornerstone Strategic Value Fund Trading Up 0.2%

NYSEAMERICAN CLM traded up $0.02 on Friday, hitting $7.25. The company's stock had a trading volume of 327,102 shares, compared to its average volume of 2,287,917. The company's 50-day simple moving average is $7.21 and its 200 day simple moving average is $7.89. Cornerstone Strategic Value Fund has a 52-week low of $6.16 and a 52-week high of $9.30.

Cornerstone Strategic Value Fund Company Profile

Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.