Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) Announces Monthly Dividend of $0.12

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) declared a monthly dividend on Monday, November 3rd. Investors of record on Monday, March 16th will be paid a dividend of 0.1215 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 19.5%. The ex-dividend date of this dividend is Monday, March 16th.

Cornerstone Strategic Investment Fund Stock Up 0.4%

CLM opened at $7.49 on Friday. Cornerstone Strategic Investment Fund has a twelve month low of $6.16 and a twelve month high of $8.53. The company has a 50-day simple moving average of $8.01 and a 200 day simple moving average of $8.17.

About Cornerstone Strategic Investment Fund

Cornerstone Strategic Investment Fund (NYSE American: CLM) is a closed-end diversified management investment company organized under the Investment Company Act of 1940. The fund’s primary objective is to seek total return, with an emphasis on dividend income and long-term capital appreciation for its shareholders. Trading on the NYSE American, CLM offers investors exposure to a flexible portfolio designed to capture income opportunities across various market environments.

The fund seeks to achieve its objective by investing primarily in convertible securities, including both convertible bonds and convertible preferred stocks, as well as common stocks of companies with favorable risk-return profiles.