Cornerstone Total Return Fund Inc Announces Monthly Dividend of $0.20 (CRF)

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Cornerstone Total Return Fund Inc (NYSEAMERICAN:CRF) announced a monthly dividend on Monday, February 11th, Wall Street Journal reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.1985 per share by the investment management company on Tuesday, April 30th. This represents a $2.38 dividend on an annualized basis and a yield of 19.88%. The ex-dividend date is Friday, April 12th.

Cornerstone Total Return Fund has decreased its dividend payment by an average of 26.6% annually over the last three years.

NYSEAMERICAN:CRF traded up $0.01 during mid-day trading on Monday, reaching $11.98. The company’s stock had a trading volume of 311,733 shares, compared to its average volume of 250,058. Cornerstone Total Return Fund has a twelve month low of $9.11 and a twelve month high of $15.97.

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About Cornerstone Total Return Fund

Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.

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Dividend History for Cornerstone Total Return Fund (NYSEAMERICAN:CRF)

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