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Cornerstone Progressive Return Fund (NYSE:CFP) announced a monthly dividend on Monday, February 10th, StockRatingsNetwork reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.0773 per share on Friday, May 30th. This represents a $0.93 annualized dividend and a dividend yield of 17.63%. The ex-dividend date is Tuesday, May 13th.

Shares of Cornerstone Progressive Return Fund (NYSE:CFP) traded up 0.76% on Monday, hitting $5.28. The stock had a trading volume of 333,956 shares. Cornerstone Progressive Return Fund has a one year low of $4.98 and a one year high of $6.25. The stock’s 50-day moving average is $5.21 and its 200-day moving average is $5.15.

Cornerstone Progressive Return Fund (NYSE:CFP) is a closed-end, diversified investment company.

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