Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Get Free Report) announced a — dividend on Wednesday, November 6th, Wall Street Journal reports. Investors of record on Friday, February 14th will be given a dividend of 0.1224 per share by the investment management company on Friday, February 28th. This represents a yield of 18.1%. The ex-dividend date of this dividend is Friday, February 14th.
Cornerstone Strategic Value Fund has decreased its dividend payment by an average of 12.8% annually over the last three years.
Cornerstone Strategic Value Fund Stock Up 1.1 %
Shares of NYSEAMERICAN CLM traded up $0.09 during mid-day trading on Wednesday, reaching $8.22. The company had a trading volume of 494,962 shares, compared to its average volume of 1,440,544. The business has a 50-day moving average price of $7.41. Cornerstone Strategic Value Fund has a 1-year low of $6.50 and a 1-year high of $8.25.
About Cornerstone Strategic Value Fund
Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.
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