SRH Total Return Fund, Inc. (STEW) To Go Ex-Dividend on April 22nd

SRH Total Return Fund, Inc. (NYSE:STEW) declared a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.1375 per share on Tuesday, April 30th. This represents a $0.55 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Monday, April 22nd.

SRH Total Return Fund has raised its dividend payment by an average of 7.0% annually over the last three years and has raised its dividend every year for the last 3 years.

SRH Total Return Fund Stock Performance

STEW opened at $14.37 on Friday. The business has a 50 day moving average of $14.67 and a 200-day moving average of $13.86. SRH Total Return Fund has a 52 week low of $12.07 and a 52 week high of $15.09.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Walleye Capital LLC increased its position in SRH Total Return Fund by 53.6% during the 3rd quarter. Walleye Capital LLC now owns 32,945 shares of the company’s stock valued at $428,000 after buying an additional 11,495 shares in the last quarter. JPMorgan Chase & Co. increased its position in SRH Total Return Fund by 243.0% during the 1st quarter. JPMorgan Chase & Co. now owns 25,274 shares of the company’s stock valued at $310,000 after buying an additional 17,906 shares in the last quarter. Ancora Advisors LLC increased its position in SRH Total Return Fund by 16.9% during the 1st quarter. Ancora Advisors LLC now owns 23,141 shares of the company’s stock valued at $284,000 after buying an additional 3,337 shares in the last quarter. Creative Planning increased its position in SRH Total Return Fund by 13.8% during the 4th quarter. Creative Planning now owns 17,263 shares of the company’s stock valued at $219,000 after buying an additional 2,087 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in SRH Total Return Fund by 57.5% during the 1st quarter. Guggenheim Capital LLC now owns 16,446 shares of the company’s stock valued at $202,000 after buying an additional 6,001 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Company Profile

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.