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Cornerstone Strategic Value Fund (NYSE:CLM) declared a monthly dividend on Monday, August 11th, Analyst Ratings.Net reports. Shareholders of record on Wednesday, October 15th will be given a dividend of 0.0959 per share on Friday, October 31st. This represents a $1.15 dividend on an annualized basis and a yield of 18.77%. The ex-dividend date of this dividend is Friday, October 10th.

Shares of Cornerstone Strategic Value Fund (NYSE:CLM) traded up 0.82% during mid-day trading on Monday, hitting $6.18. 387,325 shares of the company’s stock traded hands. Cornerstone Strategic Value Fund has a 52-week low of $5.71 and a 52-week high of $7.74. The stock’s 50-day moving average is $6.11 and its 200-day moving average is $6.30.

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

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