SRH Total Return Fund, Inc. (NYSE:STEW) Raises Dividend to $0.17 Per Share

SRH Total Return Fund, Inc. (NYSE:STEW) declared a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from SRH Total Return Fund’s previous quarterly dividend of $0.14.

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

SRH Total Return Fund Stock Up 0.5 %

Shares of SRH Total Return Fund stock traded up $0.08 during trading on Thursday, reaching $16.30. 81,857 shares of the company traded hands, compared to its average volume of 78,212. The company has a 50 day moving average price of $15.75 and a 200-day moving average price of $15.14. SRH Total Return Fund has a 1-year low of $13.22 and a 1-year high of $16.46.

About SRH Total Return Fund

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.