Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a monthly dividend on Friday, February 7th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.1168 per share by the investment management company on Wednesday, April 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 20.14%. The ex-dividend date of this dividend is Tuesday, April 15th.
Cornerstone Total Return Fund has increased its dividend payment by an average of 46.3% annually over the last three years.
Cornerstone Total Return Fund Stock Performance
CRF opened at $6.96 on Friday. The business has a 50 day moving average price of $7.82 and a 200 day moving average price of $8.10. Cornerstone Total Return Fund has a twelve month low of $5.81 and a twelve month 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.
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