SRH Total Return Fund, Inc. (NYSE:STEW) Raises Dividend to $0.23 Per Share

SRH Total Return Fund, Inc. (NYSE:STEW) declared a quarterly dividend on Thursday, November 12th. Investors of record on Friday, January 22nd will be given a dividend of $0.23 per share on Friday, January 29th. This represents a $0.92 annualized dividend and a yield of 4.9%. The ex-dividend date is Friday, January 22nd. This is a 15.0% increase from SRH Total Return Fund’s previous quarterly dividend of $0.20.

SRH Total Return Fund Trading Up 0.2%

Shares of SRH Total Return Fund stock traded up $0.04 during trading on Thursday, hitting $18.90. 31,369 shares of the company’s stock were exchanged, compared to its average volume of 81,650. SRH Total Return Fund has a 52-week low of $16.55 and a 52-week high of $19.22. The business has a 50-day simple moving average of $18.05 and a 200-day simple moving average of $17.91.

About SRH Total Return Fund

SRH Total Return Fund, Inc. (NYSE: STEW) is a closed-end investment fund that seeks to provide shareholders with total return through a combination of income and capital appreciation. It invests in a portfolio of publicly traded securities, with an emphasis on equity investments. The fund was formerly known as The Zweig Total Return Fund, Inc. It is designed to give investors exposure to a managed portfolio of securities rather than operating as a business that sells products or services.