Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Plans Monthly Dividend of $0.12

Key Points

• Cornerstone Total Return Fund, Inc. announced a monthly dividend of $0.1168 per share, with an annualized yield of 17.5%, scheduled for payment on October 31st to investors of record on October 15th.
• The fund's stock is currently trading at $7.99, having a fifty-two week range between $5.81 and $9.75.
• Cornerstone Total Return Fund primarily invests in value and growth stocks across diversified sectors in the U.S. public equity markets.

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) announced a monthly dividend on Monday, August 4th. Investors of record on Wednesday, October 15th will be paid a dividend of 0.1168 per share by the investment management company on Friday, October 31st. This represents a c) annualized dividend and a yield of 17.5%. The ex-dividend date of this dividend is Wednesday, October 15th.

Cornerstone Total Return Fund Trading Down 2.4%

NYSEAMERICAN CRF opened at $7.99 on Monday. Cornerstone Total Return Fund has a fifty-two week low of $5.81 and a fifty-two week high of $9.75. The stock has a 50 day simple moving average of $7.92 and a two-hundred day simple moving average of $7.52.

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.

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