Cornerstone Total Return Fund Inc Declares Monthly Dividend of $0.23 (CRF)
Cornerstone Total Return Fund Inc (NYSEMKT:CRF) announced a monthly dividend on Monday, November 13th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.2301 per share by the investment management company on Wednesday, February 28th. This represents a $2.76 annualized dividend and a dividend yield of 18.48%. The ex-dividend date is Wednesday, February 14th.
Shares of Cornerstone Total Return Fund (NYSEMKT:CRF) opened at $14.94 on Tuesday. Cornerstone Total Return Fund has a one year low of $13.62 and a one year high of $16.98.
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.
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