Looking at the universe of stocks we cover at Dividend Channel, on 3/12/15, Cornerstone Progressive Return Fund (CFP will trade ex-dividend, for its monthly dividend of $0.2858, payable on 3/31/15. As a percentage of CFP's recent stock price of $16.15, this dividend works out to approximately 1.77%, so look for shares of Cornerstone Progressive Return Fund to trade 1.77% lower — all else being equal — when CFP shares open for trading on 3/12/15.Below is a dividend history chart for CFP, showing historical dividends prior to the most recent $0.2858 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 21.24% 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: Looking at the chart above, CFP's low point in its 52 week range is $12.52 per share, with $21.72 as the 52 week high point — that compares with a last trade of $16.17. According to the ETF Finder at ETF Channel, CFP makes up 3.31% of the Guggenheim Timber ETF ( CUT which is trading lower by about 1.6% on the day Tuesday. In Tuesday trading, Cornerstone Progressive Return Fund shares are currently down about 0.9% on the day.
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