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Cornerstone Strategic Value Fund (NYSE:CLM) announced a monthly dividend on Monday, February 10th, Analyst Ratings Network reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.0959 per share on Friday, May 30th. This represents a $1.15 annualized dividend and a dividend yield of 17.95%. The ex-dividend date is Tuesday, May 13th.

Cornerstone Strategic Value Fund (NYSE:CLM) traded up 1.26% on Monday, hitting $6.43. 274,467 shares of the company’s stock traded hands. Cornerstone Strategic Value Fund has a 52 week low of $6.12 and a 52 week high of $7.74. The stock’s 50-day moving average is $6.49 and its 200-day moving average is $6.93.

Cornerstone Strategic Value Fund, Inc (NYSE:CLM) is a closed-end, diversified management investment company.

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