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Cornerstone Strategic Value Fund (NYSE:CLM) declared a monthly dividend on Monday, February 10th, American Banking News.com reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0959 per share on Wednesday, April 30th. This represents a $1.15 dividend on an annualized basis and a yield of 17.95%. The ex-dividend date of this dividend is Friday, April 11th.

Shares of Cornerstone Strategic Value Fund (NYSE:CLM) traded up 1.26% on Monday, hitting $6.43. The stock had a trading volume of 274,467 shares. Cornerstone Strategic Value Fund has a 52 week low of $6.12 and a 52 week high of $7.74. The stock has a 50-day moving average of $6.49 and a 200-day moving average of $6.93.

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

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