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

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF - Get Free Report) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors of record on Monday, June 16th will be paid a dividend of 0.1168 per share by the investment management company on Monday, June 30th. This represents a $1.40 annualized dividend and a yield of 15.65%. The ex-dividend date is Monday, June 16th.

Cornerstone Total Return Fund has raised its dividend by an average of 55.7% annually over the last three years.

Cornerstone Total Return Fund Trading Down 0.3 %

CRF traded down $0.03 during trading on Friday, hitting $8.96. The company's stock had a trading volume of 689,322 shares, compared to its average volume of 873,272. Cornerstone Total Return Fund has a one year low of $6.52 and a one year high of $9.75. The stock has a 50 day moving average price of $8.04.

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.