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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRFGet Free Report) declared a monthly dividend on Monday, August 17th. Shareholders of record on Friday, November 13th will be paid a dividend of 0.1176 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a yield of 21.2%. The ex-dividend date of this dividend is Friday, November 13th.

Cornerstone Total Return Fund Price Performance

NYSEAMERICAN CRF opened at $6.66 on Tuesday. Cornerstone Total Return Fund has a one year low of $6.55 and a one year high of $8.25. The company’s 50-day simple moving average is $7.12 and its two-hundred day simple moving average is $7.21.

About Cornerstone Total Return Fund

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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.

See Also

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

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