Cornerstone Total Return Fund, Inc. Announces Monthly Dividend of $0.10 (NYSEAMERICAN:CRF)

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a monthly dividend on Wednesday, August 7th, Wall Street Journal reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.1037 per share by the investment management company on Friday, November 29th. This represents a $1.24 dividend on an annualized basis and a yield of 16.68%. The ex-dividend date of this dividend is Friday, November 15th.

Cornerstone Total Return Fund has decreased its dividend by an average of 13.2% annually over the last three years.

Cornerstone Total Return Fund Trading Up 1.2 %

Shares of Cornerstone Total Return Fund stock opened at $7.46 on Wednesday. Cornerstone Total Return Fund has a 1 year low of $6.05 and a 1 year high of $8.53. The firm has a 50-day moving average of $7.50.

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.