Cornerstone Total Return Fund, Inc. Plans Dividend of $0.12 (NYSEAMERICAN:CRF)

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a dividend on Wednesday, January 15th,investing.com reports. Investors of record on Thursday, January 16th will be paid a dividend of 0.1168 per share by the investment management company on Friday, January 31st. This represents a dividend yield of 16.2%. The ex-dividend date of this dividend is Wednesday, January 15th.

Cornerstone Total Return Fund has increased its dividend payment by an average of 51.5% per year over the last three years.

Cornerstone Total Return Fund Stock Down 1.6 %

Cornerstone Total Return Fund stock traded down $0.14 during midday trading on Wednesday, reaching $8.65. The company’s stock had a trading volume of 794,544 shares, compared to its average volume of 864,994. Cornerstone Total Return Fund has a 52 week low of $6.52 and a 52 week high of $9.75. The firm’s 50-day moving average is $7.98.

Cornerstone Total Return Fund Company Profile

Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. 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.