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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) announced a monthly dividend on Tuesday, May 7th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be paid a dividend of 0.1037 per share by the investment management company on Monday, September 30th. This represents a $1.24 annualized dividend and a yield of 16.33%. The ex-dividend date of this dividend is Monday, September 16th.

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

Cornerstone Total Return Fund Stock Performance

Shares of NYSEAMERICAN:CRF traded down $0.08 during midday trading on Tuesday, reaching $7.62. The company had a trading volume of 480,985 shares, compared to its average volume of 666,610. Cornerstone Total Return Fund has a 1-year low of $6.05 and a 1-year high of $8.56. The company's 50 day moving average is $7.24.

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.