Cornerstone Total Return Fund, Inc. (CRF) to Issue Monthly Dividend of $0.10 on August 30th

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a monthly dividend on Monday, May 6th, Wall Street Journal reports. Shareholders 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 yield of 16.33%. The ex-dividend date 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 Trading Down 1.0 %

Shares of Cornerstone Total Return Fund stock opened at $7.62 on Wednesday. Cornerstone Total Return Fund has a 1 year low of $6.05 and a 1 year high of $8.56. The business’s 50-day simple moving average is $7.25.

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.