SRH Total Return Fund, Inc. (NYSE:STEW) Declares Dividend Increase – $0.17 Per Share

SRH Total Return Fund, Inc. (NYSE:STEW) declared a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Investors of record on Friday, January 24th will be paid a dividend of 0.165 per share on Friday, January 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date is Friday, January 24th. This is an increase from SRH Total Return Fund’s previous quarterly dividend of $0.14.

SRH Total Return Fund has increased its dividend payment by an average of 7.0% annually over the last three years.

SRH Total Return Fund Trading Up 0.5 %

Shares of STEW stock traded up $0.08 during trading hours on Thursday, hitting $16.30. 81,857 shares of the company were exchanged, compared to its average volume of 78,212. The firm has a fifty day simple moving average of $15.75 and a 200 day simple moving average of $15.14. SRH Total Return Fund has a 52-week low of $13.22 and a 52-week high of $16.46.

SRH Total Return Fund Company Profile

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.