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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) declared a monthly dividend on Tuesday, May 13th, investing.com reports. Investors 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 19.85%. 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% annually over the last three years.

Cornerstone Total Return Fund Stock Up 2.0%

NYSEAMERICAN:CRF traded up $0.14 during midday trading on Friday, hitting $7.06. The company had a trading volume of 2,359,560 shares, compared to its average volume of 972,492. Cornerstone Total Return Fund has a 52-week low of $5.81 and a 52-week high of $9.75. The stock's fifty day moving average price is $6.96 and its 200-day moving average price is $7.94.

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.