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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) announced a monthly dividend on Tuesday, May 13th, investing.com 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 20.12%. 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 Stock Performance

NYSEAMERICAN CRF traded up $0.05 on Friday, reaching $6.97. 167,101 shares of the company were exchanged, compared to its average volume of 1,257,782. Cornerstone Total Return Fund has a fifty-two week low of $5.81 and a fifty-two week high of $9.75. The business's fifty day moving average price is $6.97 and its 200 day moving average price is $7.94.

About Cornerstone Total Return Fund

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.