Cornerstone Total Return Fund About To Put More Money In Your Pocket (CRF)

Cornerstone Total Return Fund About To Put More Money In Your Pocket (CRF)

By Dividend Channel Staff, Monday, April 13, 10:09 AM ET

On 4/14/20, Cornerstone Total Return Fund Inc (the (AMEX: CRF) will trade ex-dividend, for its monthly dividend of $0.1796, payable on 4/30/20. As a percentage of CRF's recent stock price of $9.05, this dividend works out to approximately 1.98%, so look for shares of Cornerstone Total Return Fund Inc (the to trade 1.98% lower — all else being equal — when CRF shares open for trading on 4/14/20.

Below is a dividend history chart for CRF, showing historical dividends prior to the most recent $0.1796 declared by Cornerstone Total Return Fund Inc (the:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CRF is likely to continue, and whether the current estimated yield of 23.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CRF shares, versus its 200 day moving average:

Looking at the chart above, CRF's low point in its 52 week range is $5.43 per share, with $12.15 as the 52 week high point — that compares with a last trade of $9.07.Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

In Monday trading, Cornerstone Total Return Fund Inc (the shares are currently up about 1.2% on the day.