Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) declared a monthly dividend on Wednesday, August 7th,Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.1037 per share by the investment management company on Tuesday, December 31st. This represents a $1.24 annualized dividend and a yield of 14.01%. The ex-dividend date is Monday, December 16th.
Cornerstone Total Return Fund has decreased its dividend by an average of 13.2% annually over the last three years.
Cornerstone Total Return Fund Stock Down 0.2 %
Shares of NYSEAMERICAN:CRF opened at $8.89 on Friday. The business’s 50 day moving average is $7.85. Cornerstone Total Return Fund has a twelve month low of $6.52 and a twelve month high of $9.75.
Cornerstone Total Return Fund Company Profile
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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