Cornerstone Strategic Value Fund, Inc. Announces Dividend of $0.12 (NYSEAMERICAN:CLM)

Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) announced a dividend on Thursday, May 15th, investing.com reports. Shareholders of record on Friday, May 16th will be paid a dividend of 0.1224 per share by the investment management company on Friday, May 30th. This represents a yield of 20.01%. The ex-dividend date of this dividend is Thursday, May 15th.

Cornerstone Strategic Value Fund has increased its dividend payment by an average of 59.2% annually over the last three years.

Cornerstone Strategic Value Fund Stock Down 1.5%

Cornerstone Strategic Value Fund stock opened at $7.23 on Friday. The company has a 50 day moving average price of $7.21 and a 200-day moving average price of $7.89. Cornerstone Strategic Value Fund has a fifty-two week low of $6.16 and a fifty-two week high of $9.30.

Cornerstone Strategic Value 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.