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Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) 3-Year Dividend Growth Rate : -12.80% (As of Dec. 2023)


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What is Cornerstone Strategic Value Fund 3-Year Dividend Growth Rate?

Cornerstone Strategic Value Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.72.

The historical rank and industry rank for Cornerstone Strategic Value Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

CLM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.9   Med: -11.05   Max: 0.5
Current: -12.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cornerstone Strategic Value Fund was 0.50% per year. The lowest was -14.90% per year. And the median was -11.05% per year.

CLM's 3-Year Dividend Growth Rate is ranked worse than
90.45% of 869 companies
in the Asset Management industry
Industry Median: 1.7 vs CLM: -12.80

During the past 12 months, Cornerstone Strategic Value Fund's average Dividends Per Share Growth Rate was -30.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cornerstone Strategic Value Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.60. As of today, Cornerstone Strategic Value Fund's Dividend Yield % is 19.22%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cornerstone Strategic Value Fund Inc is 0.83, which seems too high.

Warning Sign:

Cornerstone Strategic Value Fund Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cornerstone Strategic Value Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Cornerstone Strategic Value Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cornerstone Strategic Value Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Strategic Value Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cornerstone Strategic Value Fund's 3-Year Dividend Growth Rate falls into.



Cornerstone Strategic Value Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cornerstone Strategic Value Fund  (AMEX:CLM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cornerstone Strategic Value Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.723/ 0.453
=1.60

During the past 13 years, the highest Dividend Payout Ratio of Cornerstone Strategic Value Fund was 2.71. The lowest was 0.82. And the median was 1.04.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cornerstone Strategic Value Fund Inc is 0.83, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cornerstone Strategic Value Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1092024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1092024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1092024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1092024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1232023-05-122023-05-152023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cornerstone Strategic Value Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.42/7.3673
=19.27 %

Current Share Price is $7.3673.
Cornerstone Strategic Value Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.42.

During the past 13 years, the highest Dividend Yield of Cornerstone Strategic Value Fund was 35.86%. The lowest was 13.52%. And the median was 21.93%.

Warning Sign:

Cornerstone Strategic Value Fund Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cornerstone Strategic Value Fund 3-Year Dividend Growth Rate Related Terms>


Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Strategic Value Fund Inc is a closed-end management investment company. The fund's objective is to seek long-term capital appreciation through investments in equity securities of U.S. and non-U.S. companies. It invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, consumer staples, energy, telecommunication services, materials, and other sectors.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Joshua Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Ralph W Bradshaw director, officer: President 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn director 16494 73RD AVENUE N, MAPLE GROVE MN 55311
Scott B Rogers director 6 BEAVERDAM CT., ASHEVILLE NC 28804
Hoyt M. Peters officer: Secretary 1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel officer: Treasurer C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca officer: Treasurer 5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801
Thomas H Lenagh director DEUTSCHE ASSET MANAGEMENT, 1 SOUTH STREET, BALTIMORE MD 21201

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