Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Free Report) announced a — dividend on Wednesday, November 6th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.1168 per share by the investment management company on Monday, March 31st. This represents a dividend yield of 16.7%. The ex-dividend date is Friday, March 14th.
Cornerstone Total Return Fund has decreased its dividend by an average of 13.2% per year over the last three years.
Cornerstone Total Return Fund Stock Performance
Shares of NYSEAMERICAN:CRF opened at $8.66 on Friday. Cornerstone Total Return Fund has a 12 month low of $6.52 and a 12 month high of $8.69. The firm’s 50-day moving average price is $7.68.
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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