SRH Total Return Fund, Inc. Declares Quarterly Dividend of $0.14 (NYSE:STEW)

SRH Total Return Fund, Inc. (NYSE:STEW) announced a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be paid a dividend of 0.1375 per share on Tuesday, April 30th. This represents a $0.55 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Monday, April 22nd.

SRH Total Return Fund has raised its dividend by an average of 7.0% annually over the last three years and has increased its dividend annually for the last 3 consecutive years.

SRH Total Return Fund Price Performance

Shares of NYSE STEW opened at $14.37 on Friday. The business’s 50 day moving average is $14.67 and its two-hundred day moving average is $13.86. SRH Total Return Fund has a 1-year low of $12.07 and a 1-year high of $15.09.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of STEW. UBS Group AG bought a new position in shares of SRH Total Return Fund during the third quarter valued at approximately $933,000. Envestnet Asset Management Inc. bought a new position in shares of SRH Total Return Fund during the third quarter valued at approximately $1,190,000. Guggenheim Capital LLC bought a new position in shares of SRH Total Return Fund during the third quarter valued at approximately $115,000. Royal Bank of Canada bought a new position in shares of SRH Total Return Fund during the third quarter valued at approximately $2,507,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of SRH Total Return Fund during the third quarter valued at approximately $999,000. Institutional investors own 15.61% of the company’s stock.

About SRH Total Return Fund

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.