Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Get Free Report) announced a dividend on Wednesday, January 15th,investing.com reports. Stockholders of record on Thursday, January 16th will be paid a dividend of 0.1224 per share by the investment management company on Friday, January 31st. This represents a dividend yield of 16.92%. The ex-dividend date of this dividend is Wednesday, January 15th.
Cornerstone Strategic Value Fund has increased its dividend by an average of 64.5% annually over the last three years.
Cornerstone Strategic Value Fund Price Performance
Shares of CLM traded down $0.05 during mid-day trading on Wednesday, hitting $8.68. 1,591,579 shares of the company traded hands, compared to its average volume of 1,847,258. Cornerstone Strategic Value Fund has a 1 year low of $6.50 and a 1 year high of $9.30.
Cornerstone Strategic Value Fund Company Profile
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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