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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a monthly dividend on Wednesday, May 14th, Wall Street Journal reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.1168 per share by the investment management company on Tuesday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 20.25%. The ex-dividend date is Monday, September 15th.

Cornerstone Total Return Fund has increased its dividend by an average of 46.3% annually over the last three years.

Cornerstone Total Return Fund Stock Down 2.0%

NYSEAMERICAN:CRF opened at $6.92 on Friday. Cornerstone Total Return Fund has a 1-year low of $5.81 and a 1-year high of $9.75. The company has a 50-day moving average of $6.97 and a 200 day moving average of $7.94.

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.