Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Get Free Report) announced a — dividend on Wednesday, November 6th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.1224 per share by the investment management company on Monday, March 31st. This represents a yield of 18.1%. The ex-dividend date of this dividend is Friday, March 14th.
Cornerstone Strategic Value Fund has increased its dividend payment by an average of 59.2% annually over the last three years.
Cornerstone Strategic Value Fund Stock Performance
Shares of CLM stock opened at $7.72 on Wednesday. The company’s 50 day simple moving average is $8.52. Cornerstone Strategic Value Fund has a 12 month low of $6.50 and a 12 month 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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