Cornerstone Strategic Investment Fund, Inc. (CLM) to Issue Dividend of $0.12 on July 31st

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) announced a dividend on Friday, July 4th, investing.com reports. Stockholders of record on Wednesday, July 16th will be given a dividend of 0.1224 per share by the investment management company on Thursday, July 31st. This represents a dividend yield of 17.83%. The ex-dividend date is Tuesday, July 15th.

Cornerstone Strategic Investment Fund Trading Up 0.1%

NYSEAMERICAN:CLM opened at $8.24 on Friday. Cornerstone Strategic Investment Fund has a twelve month low of $6.16 and a twelve month high of $9.30. The stock has a fifty day simple moving average of $7.73 and a 200-day simple moving average of $7.97.

Institutional Trading of Cornerstone Strategic Investment Fund

An institutional investor recently bought a new position in Cornerstone Strategic Investment Fund stock. Jane Street Group LLC acquired a new stake in Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,714 shares of the investment management company’s stock, valued at approximately $265,000.

Cornerstone Strategic Investment Fund Company Profile

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.