Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Declares $0.10 Monthly Dividend

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) declared a monthly dividend on Monday, May 6th, Wall Street Journal reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.1037 per share by the investment management company on Friday, August 30th. This represents a $1.24 annualized dividend and a dividend yield of 16.16%. The ex-dividend date of this dividend is Thursday, August 15th.

Cornerstone Total Return Fund has decreased its dividend payment by an average of 13.2% annually over the last three years.

Cornerstone Total Return Fund Stock Up 1.7 %

Shares of NYSEAMERICAN:CRF traded up $0.13 during trading on Monday, hitting $7.70. 575,293 shares of the company were exchanged, compared to its average volume of 668,744. Cornerstone Total Return Fund has a fifty-two week low of $6.05 and a fifty-two week high of $8.56. The firm has a fifty day simple moving average of $7.24.

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.