Cornerstone Total Return Fund, Inc. (CRF) To Go Ex-Dividend on March 16th

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) declared a monthly dividend on Monday, November 3rd. Shareholders of record on Monday, March 16th will be paid a dividend of 0.1176 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 19.5%. The ex-dividend date of this dividend is Monday, March 16th.

Cornerstone Total Return Fund Price Performance

Cornerstone Total Return Fund stock opened at $7.22 on Friday. Cornerstone Total Return Fund has a fifty-two week low of $5.81 and a fifty-two week high of $8.25. The firm’s 50 day simple moving average is $7.66 and its 200-day simple moving average is $7.86.

Cornerstone Total Return Fund Company Profile

Cornerstone Total Return Fund (NYSE American: CRF) is a diversified, closed-end management investment company that seeks to provide shareholders with a combination of current income and capital appreciation. Since its initial public offering in 1989, the fund has offered investors exposure to a broad range of fixed-income and equity-related securities, leveraging a total-return strategy. Its shares trade on the NYSE American exchange, providing daily liquidity in a closed-end format.

The fund’s principal investment approach involves allocating assets across convertible securities, high-yield corporate debt, bank loans and common equities.