Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.1168 per share by the investment management company on Friday, January 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 15.84%. The ex-dividend date of this dividend is Wednesday, January 15th.
Cornerstone Total Return Fund has increased its dividend payment by an average of 51.5% per year over the last three years.
Cornerstone Total Return Fund Stock Performance
CRF stock opened at $8.85 on Monday. The stock’s 50 day moving average price is $7.98. Cornerstone Total Return Fund has a fifty-two week low of $6.52 and a fifty-two week 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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