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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a monthly dividend on Tuesday, May 7th, Wall Street Journal reports. Stockholders of record on Monday, September 16th will be given a dividend of 0.1037 per share by the investment management company on Monday, September 30th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 16.23%. 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% per year over the last three years.

Cornerstone Total Return Fund Stock Up 0.6 %

Shares of NYSEAMERICAN:CRF opened at $7.67 on Thursday. Cornerstone Total Return Fund has a 12 month low of $6.05 and a 12 month high of $8.56. The firm has a 50-day simple moving average of $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.