Cornerstone Total Return Fund, Inc. (CRF) to Issue Monthly Dividend of $0.12 on January 31st

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.1168 per share by the investment management company on Friday, January 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 16.00%. The ex-dividend date is Wednesday, January 15th.

Cornerstone Total Return Fund has increased its dividend payment by an average of 51.5% per year over the last three years.

Cornerstone Total Return Fund Trading Down 1.5 %

Shares of Cornerstone Total Return Fund stock traded down $0.13 during trading hours on Monday, reaching $8.76. The company’s stock had a trading volume of 258,526 shares, compared to its average volume of 555,319. The business has a fifty day simple moving average of $7.98. Cornerstone Total Return Fund has a one year low of $6.52 and a one year high of $9.75.

About Cornerstone Total Return Fund

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.