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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.1168 per share by the investment management company on Friday, January 31st. This represents a $1.40 annualized dividend and a dividend yield of 15.93%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

Cornerstone Total Return Fund Trading Down 1.0 %

Shares of NYSEAMERICAN CRF traded down $0.09 during mid-day trading on Monday, hitting $8.80. The company had a trading volume of 141,450 shares, compared to its average volume of 546,721. Cornerstone Total Return Fund has a 12 month low of $6.52 and a 12 month high of $9.75. The firm’s 50 day simple moving average is $7.98.

About Cornerstone Total Return Fund

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.