Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) declared a monthly dividend on Wednesday, May 14th, Wall Street Journal reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.1168 per share by the investment management company on Tuesday, September 30th. This represents a $1.40 annualized dividend and a yield of 19.80%. The ex-dividend date of this dividend is Monday, September 15th.
Cornerstone Total Return Fund has increased its dividend payment by an average of 46.3% per year over the last three years.
Cornerstone Total Return Fund Price Performance
Shares of NYSEAMERICAN CRF opened at $7.08 on Wednesday. The business has a 50-day moving average of $7.01 and a 200-day moving average of $7.96. Cornerstone Total Return Fund has a 12 month low of $5.81 and a 12 month high of $9.75.
Cornerstone Total Return Fund Company Profile
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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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