Cornerstone Strategic Investment Fund, Inc. Announces Monthly Dividend of $0.12 (NYSEAMERICAN:CLM)

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) declared a monthly dividend on Monday, November 3rd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1215 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 18.1%. The ex-dividend date of this dividend is Tuesday, February 17th.

Cornerstone Strategic Investment Fund Price Performance

Shares of NYSEAMERICAN:CLM opened at $8.04 on Friday. Cornerstone Strategic Investment Fund has a 12 month low of $6.16 and a 12 month high of $8.99. The company’s 50-day moving average price is $8.29 and its two-hundred day moving average price is $8.23.

Cornerstone Strategic Investment Fund Company Profile

Cornerstone Strategic Investment Fund (NYSE American: CLM) is a closed-end diversified management investment company organized under the Investment Company Act of 1940. The fund’s primary objective is to seek total return, with an emphasis on dividend income and long-term capital appreciation for its shareholders. Trading on the NYSE American, CLM offers investors exposure to a flexible portfolio designed to capture income opportunities across various market environments.

The fund seeks to achieve its objective by investing primarily in convertible securities, including both convertible bonds and convertible preferred stocks, as well as common stocks of companies with favorable risk-return profiles.