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CLM (Cornerstone Strategic Value Fund) Dividend Yield % : 15.16% (As of Dec. 14, 2024)


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What is Cornerstone Strategic Value Fund Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Cornerstone Strategic Value Fund is 15.16%.

Warning Sign:

Cornerstone Strategic Value Fund Inc stock dividend yield is close to 2-year low.

The historical rank and industry rank for Cornerstone Strategic Value Fund's Dividend Yield % or its related term are showing as below:

CLM' s Dividend Yield % Range Over the Past 10 Years
Min: 13.52   Med: 22.08   Max: 35.86
Current: 15.16

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 22.08%.

CLM's Dividend Yield % is ranked better than
96.71% of 1184 companies
in the Asset Management industry
Industry Median: 5.76 vs CLM: 15.16

Cornerstone Strategic Value Fund's Dividend Payout Ratio for the six months ended in Jun. 2024 was 0.66.

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 0.95, which seems too high.

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.

As of today (2024-12-14), the Forward Dividend Yield % of Cornerstone Strategic Value Fund is 16.90%.

Cornerstone Strategic Value Fund's Dividends per Share for the six months ended in Jun. 2024 was $0.65.

During the past 12 months, Cornerstone Strategic Value Fund's average Dividends Per Share Growth Rate was -22.10% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Cornerstone Strategic Value Fund Dividend Yield % Historical Data

The historical data trend for Cornerstone Strategic Value Fund's Dividend Yield % 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 Strategic Value Fund Dividend Yield % Chart

Cornerstone Strategic Value Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.98 18.96 13.45 29.44 20.50

Cornerstone Strategic Value Fund Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.85 29.44 21.74 20.50 18.03

Competitive Comparison of Cornerstone Strategic Value Fund's Dividend Yield %

For the Asset Management subindustry, Cornerstone Strategic Value Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Strategic Value Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cornerstone Strategic Value Fund's Dividend Yield % falls into.



Cornerstone Strategic Value Fund Dividend Yield % Calculation

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 0.1086002024-11-152024-11-152024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-10-152024-10-152024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-09-162024-09-162024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-08-152024-08-152024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-07-152024-07-152024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-06-142024-06-142024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1086002024-01-122024-01-162024-01-31Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1946/8.69
=13.75 %

Current Share Price is $8.69.
Cornerstone Strategic Value Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.1946.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.3032/8.69
=15.00 %

Current Share Price is $8.69.
Cornerstone Strategic Value Fund's Dividends per Share for the forward twelve months is calculated as $0.1086 * 12 = $1.3032.

* 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  (AMEX:CLM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cornerstone Strategic Value Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Cornerstone Strategic Value Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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, utilities, 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

Cornerstone Strategic Value Fund Headlines