Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM - Get Free Report) announced a -- dividend on Wednesday, November 6th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1224 per share by the investment management company on Monday, March 31st. This represents a yield of 18.1%. The ex-dividend date is Friday, March 14th.
Cornerstone Strategic Value Fund has decreased its dividend by an average of 12.8% per year over the last three years.
Cornerstone Strategic Value Fund Stock Up 1.8 %
Shares of NYSEAMERICAN:CLM traded up $0.14 on Wednesday, reaching $8.28. The company's stock had a trading volume of 1,888,119 shares, compared to its average volume of 1,447,788. The business has a 50-day moving average price of $7.41. Cornerstone Strategic Value Fund has a 52-week low of $6.50 and a 52-week high of $8.28.
About Cornerstone Strategic Value Fund
(
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Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.
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