Looking at the universe of stocks we cover at Dividend Channel, on 12/11/14, Cornerstone Progressive Return Fund (CFP) will trade ex-dividend, for its monthly dividend of $0.0773, payable on 12/19/14. As a percentage of CFP's recent stock price of $3.86, this dividend works out to approximately 2.00%, so look for shares of Cornerstone Progressive Return Fund to trade 2.00% lower — all else being equal — when CFP shares open for trading on 12/11/14.

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 CFP, showing historical dividends prior to the most recent $0.0773 declared by Cornerstone Progressive Return Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CFP is likely to continue, and whether the current estimated yield of 24.03% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of CFP shares, versus its 200 day moving average:

Cornerstone Progressive Return Fund 200 Day Moving Average Chart

Looking at the chart above, CFP's low point in its 52 week range is $3.13 per share, with $5.43 as the 52 week high point — that compares with a last trade of $3.85.

According to the ETF Finder at ETF Channel, CFP makes up 3.53% of the Guggenheim Timber ETF ( CUT) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Cornerstone Progressive Return Fund shares are currently off about 1.3% on the day.