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

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) declared a monthly dividend on Monday, August 17th. Shareholders of record on Friday, November 13th will be paid a dividend of 0.1215 per share by the investment management company on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 21.0%. The ex-dividend date of this dividend is Friday, November 13th.

Cornerstone Strategic Investment Fund Stock Performance

Cornerstone Strategic Investment Fund stock opened at $6.94 on Tuesday. The company’s 50-day moving average price is $7.45 and its 200-day moving average price is $7.55. Cornerstone Strategic Investment Fund has a twelve month low of $6.88 and a twelve month high of $8.53.

Cornerstone Strategic Investment Fund Company Profile

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.