8.58
price up icon1.06%   0.09
after-market After Hours: 8.55 -0.03 -0.35%
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Cornerstone Strategic Investment Fund Inc (CLM) Stock Split History

Cornerstone Strategic Investment Fund Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 23, 2008 with the ratio of 1-for-4, meaning that for 4 shares of CLM owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 29, 2014 on a 1-for-4 basis.

These actions have increased CLM stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Cornerstone Strategic Investment Fund Inc's total market capitalization.

For more detailed information of Cornerstone Strategic Investment Fund Inc's stock splits, view the table below:

CLM stock split list

Date Split Ratio
2014-12-29 1 - for - 4
2008-12-23 1 - for - 4

Will Cornerstone Strategic Investment Fund Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Cornerstone Strategic Investment Fund Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when CLM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Cornerstone Strategic Investment Fund Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
CLM 2014-12-29 1 - for - 4
closed_end_fund_equity KYN
$12.46
price up icon 1.55%
closed_end_fund_equity USA
$7.04
price up icon 0.28%
closed_end_fund_equity GDV
$24.48
price up icon 0.82%
closed_end_fund_equity UTF
$23.78
price up icon 1.32%
closed_end_fund_equity ADX
$20.64
price up icon 0.78%
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