Cornerstone Strategic Investment Fund, Inc. Plans Monthly Dividend of $0.12 (NYSEAMERICAN:CLM)

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) announced a monthly dividend on Monday, August 4th. Investors of record on Monday, December 15th will be given a dividend of 0.1224 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 17.6%. The ex-dividend date is Monday, December 15th.

Cornerstone Strategic Investment Fund Trading Up 0.2%

Cornerstone Strategic Investment Fund stock traded up $0.02 during mid-day trading on Friday, hitting $8.36. The company had a trading volume of 5,827,559 shares, compared to its average volume of 1,391,045. Cornerstone Strategic Investment Fund has a 12-month low of $6.16 and a 12-month high of $9.10. The company’s fifty day moving average is $8.26 and its 200-day moving average is $8.14.

Cornerstone Strategic Investment Fund Company Profile

Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. 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.