SRH Total Return Fund, Inc. (NYSE:STEW) to Issue $0.20 Quarterly Dividend

SRH Total Return Fund, Inc. (NYSE:STEW) announced a quarterly dividend on Thursday, August 13th. Stockholders of record on Friday, October 23rd will be paid a dividend of 0.20 per share on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, October 23rd.

SRH Total Return Fund Price Performance

NYSE STEW traded down $0.04 on Thursday, hitting $18.67. 83,587 shares of the company were exchanged, compared to its average volume of 87,610. SRH Total Return Fund has a twelve month low of $16.55 and a twelve month high of $19.05. The company’s 50 day moving average price is $18.12 and its 200-day moving average price is $17.80.

Insider Transactions at SRH Total Return Fund

In other SRH Total Return Fund news, Director Jacob E. Hemmer bought 5,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $17.53 per share, with a total value of $87,650.00. Following the completion of the transaction, the director directly owned 10,000 shares in the company, valued at approximately $175,300. This represents a 100.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.09% of the stock is currently owned by company insiders.

Institutional Trading of SRH Total Return Fund

Institutional investors have recently made changes to their positions in the stock. Winning Points Advisors LLC purchased a new stake in shares of SRH Total Return Fund during the 4th quarter worth about $3,414,000. Evolve Private Wealth LLC acquired a new stake in shares of SRH Total Return Fund during the 4th quarter valued at about $2,961,000. Kingdom Financial Group LLC. bought a new stake in shares of SRH Total Return Fund in the 4th quarter valued at approximately $2,865,000. Bulldog Investors LLP grew its stake in shares of SRH Total Return Fund by 11.3% in the 4th quarter. Bulldog Investors LLP now owns 1,243,823 shares of the company’s stock valued at $23,060,000 after buying an additional 126,241 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in SRH Total Return Fund by 44.0% in the fourth quarter. LPL Financial LLC now owns 393,713 shares of the company’s stock worth $7,299,000 after buying an additional 120,366 shares during the last quarter. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Company Profile

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.