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Cornerstone Total Return Fund (Cornerstone Total Return Fund) 5-Year Dividend Growth Rate : -8.70% (As of Dec. 2023)


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What is Cornerstone Total Return Fund 5-Year Dividend Growth Rate?

Cornerstone Total Return Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.69.

During the past 12 months, Cornerstone Total Return Fund's average Dividends Per Share Growth Rate was -29.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -9.00% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cornerstone Total Return Fund was -1.50% per year. The lowest was -11.80% per year. And the median was -9.40% per year.

Cornerstone Total Return Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.63. As of today, Cornerstone Total Return Fund's Dividend Yield % is 18.09%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cornerstone Total Return Fund Inc is 0.84, which seems too high.

Warning Sign:

Cornerstone Total Return 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 Total Return Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Cornerstone Total Return Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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 Total Return Fund's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Total Return Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cornerstone Total Return Fund's 5-Year Dividend Growth Rate falls into.



Cornerstone Total Return Fund 5-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 least square regression.

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 Total Return Fund  (AMEX:CRF) 5-Year Dividend Growth Rate Explanation

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

Cornerstone Total Return 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 )
=0.69/ 0.423
=1.63

During the past 13 years, the highest Dividend Payout Ratio of Cornerstone Total Return Fund was 3.33. The lowest was 0.84. And the median was 1.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cornerstone Total Return Fund Inc is 0.84, which seems too high.

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

Cornerstone Total Return Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1042024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1042024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1042024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1042024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-05-122023-05-152023-05-31Cash 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 Total Return Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.352/7.48
=18.07 %

Current Share Price is $7.48.
Cornerstone Total Return Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.352.

During the past 13 years, the highest Dividend Yield of Cornerstone Total Return Fund was 35.81%. The lowest was 13.32%. And the median was 21.21%.

Warning Sign:

Cornerstone Total Return 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 Total Return Fund 5-Year Dividend Growth Rate Related Terms

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Cornerstone Total Return Fund (Cornerstone Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Total Return Fund Inc is a diversified closed-end management company. Its objective is to seek capital appreciation with current income as a secondary objective. The company invests in sectors such as Information Technology; Health Care; Financials; Communication Services; Industrials; Utilities; Energy; Real Estate and others.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Joshua 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
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
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
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
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
William A Clark director, officer: Vice President C/O CORNERSTONE ADVISORS, INC., ONE WEST PARK SQUARE, SUITE 1650, ASHEVILLE NC 28801
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801