Cornerstone Total Return Fund (Cornerstone Total Return Fund) Dividend Payout Ratio : 1.63 (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Cornerstone Total Return Fund Dividend Payout Ratio?

Cornerstone Total Return Fund's dividend payout ratio for the months ended in Dec. 2023 was 1.63.

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.

The historical rank and industry rank for Cornerstone Total Return Fund's Dividend Payout Ratio or its related term are showing as below:

CRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.84 Med: 1.07 Max: 3.33
Current: 0.84

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.

CRF's Dividend Payout Ratio is ranked worse than
52.58% of 949 companies
in the Asset Management industry
Industry Median: 0.81 vs CRF: 0.84

As of today (2024-05-12), the Dividend Yield % of Cornerstone Total Return Fund is 17.64%.

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

Cornerstone Total Return Fund's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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

Cornerstone Total Return Fund Dividend Payout Ratio Historical Data

The historical data trend for Cornerstone Total Return Fund's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Cornerstone Total Return Fund Dividend Payout Ratio Chart

Cornerstone Total Return Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.88

1.70

1.02

0.84

Cornerstone Total Return Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.13	-	89.46	0.57	1.63

Competitive Comparison of Cornerstone Total Return Fund's Dividend Payout Ratio

For the Asset Management subindustry, Cornerstone Total Return Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Total Return Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cornerstone Total Return Fund's Dividend Payout Ratio falls into.

Cornerstone Total Return Fund Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.394	/	1.67
	=	0.83

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

Cornerstone Total Return Fund (AMEX:CRF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Cornerstone Total Return Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cornerstone Total Return Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cornerstone Total Return Fund Inc (AMEX:CRF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246

Website

http://www.cornerstonetotalreturnfund.com

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