Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a monthly dividend on Friday, May 3rd, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.1037 per share by the investment management company on Wednesday, July 31st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 15.91%. The ex-dividend date of this dividend is Monday, July 15th.
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 Stock Up 0.5 %
Shares of CRF opened at $7.82 on Friday. Cornerstone Total Return Fund has a one year low of $6.05 and a one year high of $8.56. The company has a 50-day simple moving average of $7.42.
Cornerstone Total Return Fund Company Profile
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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