SRH Total Return Fund, Inc. Declares Quarterly Dividend of $0.17 (NYSE:STEW)

Key Points

• SRH Total Return Fund, Inc. announced a quarterly dividend of $0.17 per share, payable on October 31st to investors of record on October 24th, representing a yield of 3.7%.
• As of the latest trading session, shares of STEW rose to $18.00, with a trading volume of 154,507 shares, surpassing the average volume of 121,428.
• The fund is a closed-ended balanced mutual fund that invests in both equity and fixed-income markets globally, managed by Paralel Advisors LLC.

SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) declared a quarterly dividend on Friday, August 15th, Wall Street Journal reports. Shareholders of record on Friday, October 24th will be paid a dividend of 0.165 per share on Friday, October 31st. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, October 24th.

SRH Total Return Fund Stock Performance

Shares of NYSE:STEW traded down $0.0150 during trading on Wednesday, hitting $18.0750. The company's stock had a trading volume of 95,460 shares, compared to its average volume of 80,945. SRH Total Return Fund has a fifty-two week low of $15.00 and a fifty-two week high of $18.15. The business has a 50 day moving average price of $17.63 and a two-hundred day moving average price of $17.16.

Institutional Investors Weigh In On SRH Total Return Fund

Several large investors have recently bought and sold shares of the stock. SRH Advisors LLC increased its holdings in shares of SRH Total Return Fund by 0.5% in the 2nd quarter. SRH Advisors LLC now owns 187,837 shares of the company's stock valued at $3,321,000 after acquiring an additional 842 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in SRH Total Return Fund by 142.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,700 shares of the company's stock valued at $30,000 after purchasing an additional 1,000 shares in the last quarter. Cetera Investment Advisers increased its stake in SRH Total Return Fund by 3.4% in the first quarter. Cetera Investment Advisers now owns 31,758 shares of the company's stock valued at $548,000 after purchasing an additional 1,038 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in SRH Total Return Fund by 1.4% during the first quarter. Envestnet Asset Management Inc. now owns 88,524 shares of the company's stock worth $1,527,000 after purchasing an additional 1,198 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in SRH Total Return Fund by 1.7% during the fourth quarter. MML Investors Services LLC now owns 73,787 shares of the company's stock worth $1,182,000 after purchasing an additional 1,212 shares in the last quarter. Hedge funds and other institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Company Profile

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.