Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) to Issue $0.12 Dividend

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Friday, May 16th will be paid a dividend of 0.1168 per share by the investment management company on Friday, May 30th. This represents a dividend yield of 19.97%. The ex-dividend date is Thursday, May 15th.

Cornerstone Total Return Fund has raised its dividend payment by an average of 46.3% annually over the last three years.

Cornerstone Total Return Fund Price Performance

NYSEAMERICAN:CRF traded up $0.03 during mid-day trading on Tuesday, hitting $7.05. 322,549 shares of the company’s stock traded hands, compared to its average volume of 951,603. The firm has a 50 day moving average of $7.01 and a two-hundred day moving average of $7.96. Cornerstone Total Return Fund has a 12 month low of $5.81 and a 12 month high of $9.75.

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.