Cornerstone Total Return Fund, Inc. (CRF) To Go Ex-Dividend on May 15th

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) announced a monthly dividend on Friday, February 13th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.1176 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 19.1%. The ex-dividend date of this dividend is Friday, May 15th.

Cornerstone Total Return Fund Stock Up 0.1%

NYSEAMERICAN:CRF opened at $7.39 on Wednesday. Cornerstone Total Return Fund has a 52-week low of $6.56 and a 52-week high of $8.25. The stock’s 50-day simple moving average is $7.14 and its 200 day simple moving average is $7.61.

About Cornerstone Total Return Fund

Cornerstone Total Return Fund (NYSE American: CRF) is a diversified, closed-end management investment company that seeks to provide shareholders with a combination of current income and capital appreciation. Since its initial public offering in 1989, the fund has offered investors exposure to a broad range of fixed-income and equity-related securities, leveraging a total-return strategy. Its shares trade on the NYSE American exchange, providing daily liquidity in a closed-end format.

The fund’s principal investment approach involves allocating assets across convertible securities, high-yield corporate debt, bank loans and common equities.