Insider Buying: Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM) President Acquires 1,000 Shares of Stock
Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM) President Ralph W. Bradshaw bought 1,000 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were acquired at an average price of $11.83 per share, for a total transaction of $11,830.00.
NYSEAMERICAN CLM opened at $11.60 on Friday. Cornerstone Strategic Value Fund Inc. has a 12-month low of $10.90 and a 12-month high of $12.55.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.1853 per share. This represents a $2.22 annualized dividend and a yield of 19.17%. The ex-dividend date is Friday, June 12th.
About Cornerstone Strategic Value Fund
Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.
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