Ex-Div Reminder For Cornerstone Strategic Value Fund Incorporated (CLM)

Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, Cornerstone Strategic Value Fund Incorporated ( CLM) will trade ex-dividend, for its monthly dividend of $0.0959, payable on 2/28/14. As a percentage of CLM's recent stock price of $6.42, this dividend works out to approximately 1.49%, so look for shares of Cornerstone Strategic Value Fund Incorporated to trade 1.49% lower — all else being equal — when CLM shares open for trading on 2/12/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for CLM, showing historical dividends prior to the most recent $0.0959 declared by Cornerstone Strategic Value Fund Incorporated:

CLM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CLM is likely to continue, and whether the current estimated yield of 17.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CLM shares, versus its 200 day moving average:

Cornerstone Strategic Value Fund Incorporated 200 Day Moving Average Chart

Looking at the chart above, CLM's low point in its 52 week range is $6.12 per share, with $7.74 as the 52 week high point — that compares with a last trade of $6.42.

In Monday trading, Cornerstone Strategic Value Fund Incorporated shares are currently up about 1.1% on the day.

If you liked this article you might like

Friday's Ex-Dividends To Watch: NBD, GOF, CLM

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: OAKS, EOD, CLM

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: NVX, CRF, CLM

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: DUC, SBR, CLM

3 Stocks Going Ex-Dividend Wednesday: DDF, NEV, CLM