Cornerstone Strategic Value Fund Inc. (NYSEMKT:CLM) announced a monthly dividend on Monday, August 8th. Stockholders of record on Monday, October 17th will be paid a dividend of 0.2837 per share by the investment management company on Monday, October 31st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 22.89%. The ex-dividend date is Thursday, October 13th.
Shares of Cornerstone Strategic Value Fund (NYSEMKT:CLM) opened at 14.87 on Friday. The stock has a 50 day moving average of $15.76 and a 200-day moving average of $16.08. Cornerstone Strategic Value Fund has a 12 month low of $11.51 and a 12 month high of $18.48.
Cornerstone Strategic Value Fund Company Profile
Cornerstone Strategic Value Fund, Inc (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investment in equity securities of the United States and non-United States companies. The Fund invests in closed-end funds, information technology, financials, healthcare, consumer discretionary, industrials, consumer staples, energy, materials, telecommunication services, utilities and other sectors.
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