Cornerstone Total Return Fund, Inc. (CRF) to Issue Monthly Dividend of $0.12 on February 27th

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a monthly dividend on Monday, November 3rd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.1176 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 18.6%. The ex-dividend date of this dividend is Tuesday, February 17th.

Cornerstone Total Return Fund Stock Up 0.7%

NYSEAMERICAN:CRF opened at $7.60 on Friday. Cornerstone Total Return Fund has a 12 month low of $5.81 and a 12 month high of $9.02. The firm’s 50 day moving average is $7.93 and its 200 day moving average is $7.93.

Cornerstone Total Return Fund Company Profile

Cornerstone Total Return Fund (NYSE American: CRF) is a diversified, closed-end management investment company that seeks to provide shareholders with a combination of current income and capital appreciation. Since its initial public offering in 1989, the fund has offered investors exposure to a broad range of fixed-income and equity-related securities, leveraging a total-return strategy. Its shares trade on the NYSE American exchange, providing daily liquidity in a closed-end format.

The fund’s principal investment approach involves allocating assets across convertible securities, high-yield corporate debt, bank loans and common equities.