Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) declared a monthly dividend on Friday, August 2nd, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.1037 per share by the investment management company on Thursday, October 31st. This represents a $1.24 annualized dividend and a yield of 14.87%. The ex-dividend date is Tuesday, October 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 0.5 %
CRF stock traded up $0.04 during trading on Friday, hitting $8.37. 2,450,881 shares of the company’s stock traded hands, compared to its average volume of 680,508. Cornerstone Total Return Fund has a 52 week low of $6.05 and a 52 week high of $8.40. The firm has a fifty day simple moving average of $7.59.
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.
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