Cornerstone Total Return Fund Inc (NYSEMKT:CRF) Announces $0.23 Monthly Dividend
Cornerstone Total Return Fund Inc (NYSEMKT:CRF) announced a monthly dividend on Monday, August 14th, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.2289 per share by the investment management company on Thursday, November 30th. This represents a $2.75 annualized dividend and a yield of 18.79%. The ex-dividend date of this dividend is Tuesday, November 14th.
Cornerstone Total Return Fund (CRF) traded up 0.90% during mid-day trading on Monday, reaching $14.62. 304,476 shares of the company traded hands. The stock has a 50-day moving average of $15.01 and a 200 day moving average of $15.77. Cornerstone Total Return Fund has a 52-week low of $13.79 and a 52-week high of $16.98.
Cornerstone Total Return Fund Company Profile
Cornerstone Total Return Fund, Inc is a closed-end, diversified management investment company. The Fund’s investment objective is to seek capital appreciation with current income as a secondary objective. The Fund invests in various sectors, such as closed-end funds, information technology, financials, healthcare, consumer discretionary, industrials, energy, consumer staples, materials, telecommunication services, utilities, real estate, exchange-traded funds (ETFs) and others.
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