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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) declared a monthly dividend on Friday, February 7th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.1168 per share by the investment management company on Wednesday, April 30th. This represents a $1.40 dividend on an annualized basis and a yield of 20.86%. The ex-dividend date is Tuesday, April 15th.

Cornerstone Total Return Fund has increased its dividend payment by an average of 46.3% annually over the last three years.

Cornerstone Total Return Fund Stock Performance

Shares of NYSEAMERICAN CRF traded up $0.12 during trading hours on Friday, hitting $6.72. 2,108,251 shares of the stock were exchanged, compared to its average volume of 916,160. Cornerstone Total Return Fund has a 1-year low of $5.81 and a 1-year high of $9.75. The company's fifty day simple moving average is $7.67 and its two-hundred day simple moving average is $8.08.

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.