Cornerstone Total Return Fund, Inc. (CRF) To Go Ex-Dividend on February 14th

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRFGet Free Report) declared a monthly dividend on Monday, November 6th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.1037 per share by the investment management company on Thursday, February 29th. This represents a $1.24 dividend on an annualized basis and a yield of 17.14%. The ex-dividend date of this dividend is Wednesday, February 14th.

Cornerstone Total Return Fund has decreased its dividend payment by an average of 13.2% per year over the last three years.

Cornerstone Total Return Fund Trading Up 0.3 %

Shares of CRF opened at $7.26 on Monday. Cornerstone Total Return Fund has a 1-year low of $6.05 and a 1-year high of $8.56. The company has a 50 day moving average of $7.26.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in Cornerstone Total Return Fund by 4.9% during the third quarter. Royal Bank of Canada now owns 367,813 shares of the investment management company’s stock valued at $2,939,000 after acquiring an additional 17,157 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Cornerstone Total Return Fund by 13.5% during the 2nd quarter. Osaic Holdings Inc. now owns 84,551 shares of the investment management company’s stock valued at $676,000 after purchasing an additional 10,077 shares during the last quarter. Quarry LP bought a new position in shares of Cornerstone Total Return Fund during the 2nd quarter valued at $134,000. Citadel Advisors LLC purchased a new position in Cornerstone Total Return Fund in the 2nd quarter worth $102,000. Finally, Commonwealth Equity Services LLC lifted its stake in Cornerstone Total Return Fund by 4.9% in the second quarter. Commonwealth Equity Services LLC now owns 155,418 shares of the investment management company’s stock worth $1,243,000 after purchasing an additional 7,318 shares during the last quarter. Institutional investors own 11.96% of the company’s stock.

About Cornerstone Total Return Fund

(Get Free Report)

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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Dividend History for Cornerstone Total Return Fund (NYSEAMERICAN:CRF)

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