Cornerstone Total Return Fund, Inc. Declares Monthly Dividend of $0.12 (NYSEAMERICAN:CRF)

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Stockholders of record on Monday, June 16th will be paid a dividend of 0.1168 per share by the investment management company on Monday, June 30th. This represents a $1.40 annualized dividend and a dividend yield of 15.63%. The ex-dividend date of this dividend is Monday, June 16th.

Cornerstone Total Return Fund has increased its dividend by an average of 55.7% per year over the last three years.

Cornerstone Total Return Fund Price Performance

Shares of NYSEAMERICAN CRF opened at $8.97 on Wednesday. The business’s fifty day moving average is $8.04. Cornerstone Total Return Fund has a 1-year low of $6.52 and a 1-year 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.