Cornerstone Total Return Fund (CRF)

[chestercopperpot]

Keep in mind the dividends have been going down so set up a sell stop at your purchase price or lower.This could make you loose a lot if you has 100,000 in it. When i got in this two years ago the dividends were .09 a month and the price was trading around 6.50 to 7 a share. If they come out and declare a lower dividend for the next three quarters the priced will likely drop to 5.00 to 5.50 but it will probably yield the same 17.5 % . Its all in scale. You will get the same return whether the stock sells for 6 and returns .08 cents a share to it is selling for $13.00 a share and paying a .12 dividend. Here are some past dividends ...

http://www.nasdaq.com/symbol/crf/dividend-history