CLM - Cornerstone Strategic Value Fund, Inc.
| Previous Close | 11.33 |
| Open | 0.00 |
| Bid | 10.80 x 2900 |
| Ask | 11.28 x 4000 |
| Day's Range | 11.27 - 11.35 |
| 52 Week Range | 9.31 - 12.58 |
| Volume | 448,330 |
| Avg. Volume | 409,668 |
| Market Cap | 833M |
| Beta (3Y Monthly) | 1.23 |
| PE Ratio (TTM) | 13.85 |
| EPS (TTM) | 0.81 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.22 (19.70%) |
| Ex-Dividend Date | 2019-12-13 |
| 1y Target Est | N/A |
- GlobeNewswire
Cornerstone Funds Announce Continuing Monthly Distributions And Reset Distribution Amounts For 2020
Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions, which have been reset for the calendar year 2020. Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the “Board”, or collectively, the “Boards”).
- GlobeNewswire
Cornerstone Funds Announce Continuing Monthly Distributions for 2019 and Distribution Percentage for 2020
Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the “Board”, or collectively, the “Boards”). Each Board previously announced the distribution percentage for the calendar year 2019 would remain unchanged from the previous year at 21% of the net asset value of each Fund. Each Board today announced the Distribution Percentage for the calendar year 2020 will remain at 21%, which will be applied to the net asset value of each Fund as of the end of October 2019 to determine the Distribution Amount for 2020.
- GlobeNewswire
Cornerstone Funds Announce Continuing Monthly Distributions and Approval of New Investment Management Agreements
At each Fund’s annual meeting of stockholders held on April 16, 2019, stockholders of each Fund approved a new investment agreement with Cornerstone Advisors Asset Management LLC (the “Adviser”). Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the “Board”, or collectively, the “Boards”). Each Board believes each Fund’s distribution policy maintains a stable, high rate of distribution.
- GlobeNewswire
Cornerstone Funds File Their Annual Reports
Cornerstone Strategic Value Fund, Inc. (“CLM”) and Cornerstone Total Return Fund, Inc. (“CRF”) (individually the “Fund” or, collectively, the “Funds”) have each filed copies of their annual report on Form N-CSR with the U.S. Securities and Exchange Commission (“SEC”). Each report includes audited financial statements for the fiscal year ended December 31, 2018. The annual reports are available online at www.cornerstonestrategicvaluefund.com and www.cornerstonetotalreturnfund.com.
- GlobeNewswire
Cornerstone Funds Announce Continuing Monthly Distributions
Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the “Board”, or collectively, the “Boards”). Each Board believes each Fund’s distribution policy maintains a stable, high rate of distribution. The terms of each distribution policy will be reviewed and approved at least annually by each Fund’s Board and may be modified at their discretion for the benefit of each Fund and its stockholders.