Cornerstone Strategic Value Fund, Inc. (CLM) to Issue Dividend of $0.11 on October 31st

by · The Markets Daily

Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM – Get Free Report) announced a dividend on Friday, August 2nd, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.1086 per share by the investment management company on Thursday, October 31st. The ex-dividend date is Tuesday, October 15th.

Cornerstone Strategic Value Fund has decreased its dividend payment by an average of 12.8% annually over the last three years.

Cornerstone Strategic Value Fund Stock Up 1.5 %

Shares of NYSEAMERICAN:CLM traded up $0.12 during trading on Friday, reaching $8.03. 4,864,333 shares of the company traded hands, compared to its average volume of 1,435,848. Cornerstone Strategic Value Fund has a 1-year low of $6.25 and a 1-year high of $8.03. The company has a fifty day simple moving average of $7.40.

About Cornerstone Strategic Value Fund

(Get Free Report)

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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