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. Shareholders of record on Friday, October 13th will be given a dividend of 0.2289 per share by the investment management company on Tuesday, October 31st. This represents a $2.75 dividend on an annualized basis and a yield of 18.79%. The ex-dividend date is Thursday, October 12th.
Cornerstone Total Return Fund (NYSEMKT:CRF) traded up 0.90% during mid-day trading on Monday, reaching $14.62. The company’s stock had a trading volume of 304,476 shares. Cornerstone Total Return Fund has a 52 week low of $13.79 and a 52 week high of $16.98. The company’s 50-day moving average price is $15.01 and its 200 day moving average price is $15.77.
About Cornerstone Total Return Fund
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.
Receive News & Ratings for Cornerstone Total Return Fund Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone Total Return Fund Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.