Cornerstone Total Return Fund Inc (NYSEAMERICAN:CRF) declared a monthly dividend on Monday, November 13th, Wall Street Journal reports. Investors of record on Thursday, March 15th will be paid a dividend of 0.2301 per share by the investment management company on Friday, March 30th. This represents a $2.76 annualized dividend and a dividend yield of 17.40%. The ex-dividend date is Wednesday, March 14th. This is a boost from Cornerstone Total Return Fund’s previous monthly dividend of $0.23.
Cornerstone Total Return Fund (NYSEAMERICAN CRF) opened at $15.87 on Tuesday. Cornerstone Total Return Fund has a 1 year low of $13.62 and a 1 year high of $16.98.
About Cornerstone Total Return Fund
Cornerstone Total Return Fund, Inc is a closed-end, diversified management investment company. The Fund’s investment objective is to seek capital appreciation with current income as a secondary objective. The Fund invests in various sectors, such as closed-end funds, information technology, financials, healthcare, consumer discretionary, industrials, energy, consumer staples, materials, telecommunication services, utilities, real estate, exchange-traded funds (ETFs) and others.
Receive News & Ratings for Cornerstone Total Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone Total Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.