Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) Plans Monthly Dividend of $0.12

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Thursday, January 15th will be given a dividend of 0.1215 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 17.2%. The ex-dividend date is Thursday, January 15th.

Cornerstone Strategic Investment Fund Stock Performance

Shares of NYSEAMERICAN CLM opened at $8.48 on Tuesday. The firm’s 50-day simple moving average is $8.28 and its 200 day simple moving average is $8.21. Cornerstone Strategic Investment Fund has a fifty-two week low of $6.16 and a fifty-two week high of $9.10.

About Cornerstone Strategic Investment Fund

Cornerstone Strategic Investment Fund (NYSE American: CLM) is a closed-end diversified management investment company organized under the Investment Company Act of 1940. The fund’s primary objective is to seek total return, with an emphasis on dividend income and long-term capital appreciation for its shareholders. Trading on the NYSE American, CLM offers investors exposure to a flexible portfolio designed to capture income opportunities across various market environments.

The fund seeks to achieve its objective by investing primarily in convertible securities, including both convertible bonds and convertible preferred stocks, as well as common stocks of companies with favorable risk-return profiles.