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

Cornerstone Strategic Investment Fund, Inc. (NYSEAMERICAN:CLM) declared a monthly dividend on Friday, May 8th. Investors of record on Tuesday, September 15th will be given a dividend of 0.1215 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 22.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

Cornerstone Strategic Investment Fund Trading Up 0.2%

Shares of Cornerstone Strategic Investment Fund stock opened at $6.58 on Friday. The stock has a 50 day moving average price of $7.16 and a 200-day moving average price of $7.38. Cornerstone Strategic Investment Fund has a one year low of $6.55 and a one year high of $8.53.

About Cornerstone Strategic Investment Fund

Cornerstone Strategic Value Fund, Inc (NYSE American: CLM) is a closed-end investment company that seeks to provide shareholders with current income and long-term capital appreciation. The fund invests primarily in a diversified portfolio of equity securities, including common stocks, preferred stocks and securities that may be converted into common stock.

The fund is managed by Cornerstone Advisors, Inc, an investment adviser specializing in closed-end funds. Its portfolio is actively managed, with investments selected based on the adviser’s assessment of companies, industries and market conditions.