Cornerstone Strategic Return Fund (CRF) 4.87 $CRF
The Boards of Cornerstone Funds Approve Reverse Stock Splits
Marketwired - Tue Oct 14, 4:18PM CDT
Cornerstone Progressive Return Fund (NYSE MKT: CFP), Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds"
, each a closed-end management investment company, today announced that the Board of Directors/Trustees of each Fund (the "Board" has determined that each Fund would benefit if its shares of common stock or shares of beneficial interest (collectively "Shares" traded at a higher market price than the current market price per share, especially since the Board is aware that some investors may be restricted from purchasing Shares that are trading below a certain market price. Further, each Board believes that such a reverse stock split may be desirable because the increased market price is expected to encourage investor interest and trading in Fund shares. However, the Funds cannot predict whether a reverse stock split would achieve the desired results. To support this purpose, as well as to provide firm reassurance as to the ongoing sustainability of the Funds, the Board has further determined that it is in the best interests of each Fund and its stockholders/shareholders to effect a reverse split of each Fund's Shares on the basis of one new Share for each four Shares (one-for-four) of presently outstanding Shares. Although no assurances can be given, each Board believes that a reverse split may have the effect of increasing each Fund's market price and may have the effect of increasing each Fund's net asset value per share.
CFP: 3.87 (+0.02), CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: CRF, NMO, CII
at The Street - Wed Sep 10, 9:06AM CDT
CRF NMO CII are going ex-dividend tomorrow, Thursday, September 11, 2014
CII: 14.44 (+0.18), CRF: 4.87 (unch), NMO: 13.43 (-0.01)
Cornerstone Funds Announce Continuing Monthly Distributions for 2014 and Distribution Percentage For 2015
Marketwire - Fri Aug 08, 3:41PM CDT
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds" , each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions:
CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: BBK, CRF, JTP
at The Street - Thu Jul 10, 9:11AM CDT
BBK CRF JTP are going ex-dividend tomorrow, Friday, July 11, 2014, 4:00 AM ET
JTP: 8.28 (-0.02), CRF: 4.87 (unch), BBK: 15.44 (-0.12)
Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Wednesday: CRF, JTP, JQC
at The Street - Tue Mar 11, 9:03AM CDT
CRF JTP JQC are going ex-dividend Wednesday, Wednesday, March 12, 2014, 4:00 AM ET
JTP: 8.28 (-0.02), CRF: 4.87 (unch), JQC: 8.76 (+0.03)
Cornerstone Funds File Their Annual Reports
Marketwire - Tue Mar 04, 8:20AM CST
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM), Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF) and Cornerstone Progressive Return Fund (NYSE MKT: CFP) (individually the "Fund" or, collectively, the "Funds" have each filed copies of their annual report on Form N-CSR with the Securities and Exchange Commission. Each report includes audited financial statements for the fiscal year ended December 31, 2013. The annual reports are available online at www.cornerstonestrategicvaluefund.com, www.cornerstonetotalreturnfund.com and www.cornerstoneprogressivereturnfund.com. Copies of these reports are also available free of charge upon request by calling 1-866-668-6558.
CFP: 3.87 (+0.02), CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Cornerstone Funds Announce Continuing Monthly Distributions
Marketwire - Fri Feb 07, 3:31PM CST
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds" , each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions:
CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Cornerstone Funds Announce Continuing Monthly Distributions for 2013 and Distribution Percentage for 2014
Marketwire - Fri Aug 09, 5:04PM CDT
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds" , each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions:
CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Cornerstone Total Return Fund, Inc. Announces Completion of Rights Offering
Marketwire - Mon Dec 24, 7:30AM CST
Cornerstone Total Return Fund, Inc. (the "Fund" (NYSE MKT: CRF) is pleased to announce the completion of its one-for-three rights offering which expired Friday, December 21, 2012 (the "Offering" . The Offering was over-subscribed. Under the terms of the Offering, record date stockholders were entitled to purchase one newly-issued share of common stock of the Fund for every three rights held. The subscription price for each newly-issued share was determined to be $5.33 which, under the terms of the prospectus, was equal to the greater of (i) 107% of net asset value per share as calculated at the close of trading on the date of expiration of the Offering and (ii) 90% of the market price per share at such time.
CRF: 4.87 (unch)
The Boards of Cornerstone Funds Approve Reverse Stock Splits
Marketwired - Tue Oct 14, 4:18PM CDT
Cornerstone Progressive Return Fund (NYSE MKT: CFP), Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds"
, each a closed-end management investment company, today announced that the Board of Directors/Trustees of each Fund (the "Board" has determined that each Fund would benefit if its shares of common stock or shares of beneficial interest (collectively "Shares" traded at a higher market price than the current market price per share, especially since the Board is aware that some investors may be restricted from purchasing Shares that are trading below a certain market price. Further, each Board believes that such a reverse stock split may be desirable because the increased market price is expected to encourage investor interest and trading in Fund shares. However, the Funds cannot predict whether a reverse stock split would achieve the desired results. To support this purpose, as well as to provide firm reassurance as to the ongoing sustainability of the Funds, the Board has further determined that it is in the best interests of each Fund and its stockholders/shareholders to effect a reverse split of each Fund's Shares on the basis of one new Share for each four Shares (one-for-four) of presently outstanding Shares. Although no assurances can be given, each Board believes that a reverse split may have the effect of increasing each Fund's market price and may have the effect of increasing each Fund's net asset value per share. CFP: 3.87 (+0.02), CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: CRF, NMO, CII
at The Street - Wed Sep 10, 9:06AM CDT
CRF NMO CII are going ex-dividend tomorrow, Thursday, September 11, 2014
CII: 14.44 (+0.18), CRF: 4.87 (unch), NMO: 13.43 (-0.01)
Cornerstone Funds Announce Continuing Monthly Distributions for 2014 and Distribution Percentage For 2015
Marketwire - Fri Aug 08, 3:41PM CDT
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds"
, each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions: CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: BBK, CRF, JTP
at The Street - Thu Jul 10, 9:11AM CDT
BBK CRF JTP are going ex-dividend tomorrow, Friday, July 11, 2014, 4:00 AM ET
JTP: 8.28 (-0.02), CRF: 4.87 (unch), BBK: 15.44 (-0.12)
Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Wednesday: CRF, JTP, JQC
at The Street - Tue Mar 11, 9:03AM CDT
CRF JTP JQC are going ex-dividend Wednesday, Wednesday, March 12, 2014, 4:00 AM ET
JTP: 8.28 (-0.02), CRF: 4.87 (unch), JQC: 8.76 (+0.03)
Cornerstone Funds File Their Annual Reports
Marketwire - Tue Mar 04, 8:20AM CST
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM), Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF) and Cornerstone Progressive Return Fund (NYSE MKT: CFP) (individually the "Fund" or, collectively, the "Funds"
have each filed copies of their annual report on Form N-CSR with the Securities and Exchange Commission. Each report includes audited financial statements for the fiscal year ended December 31, 2013. The annual reports are available online at www.cornerstonestrategicvaluefund.com, www.cornerstonetotalreturnfund.com and www.cornerstoneprogressivereturnfund.com. Copies of these reports are also available free of charge upon request by calling 1-866-668-6558. CFP: 3.87 (+0.02), CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Cornerstone Funds Announce Continuing Monthly Distributions
Marketwire - Fri Feb 07, 3:31PM CST
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds"
, each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions: CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Cornerstone Funds Announce Continuing Monthly Distributions for 2013 and Distribution Percentage for 2014
Marketwire - Fri Aug 09, 5:04PM CDT
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds"
, each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions: CRF: 4.87 (unch), CLM: 5.25 (+0.08)
Cornerstone Total Return Fund, Inc. Announces Completion of Rights Offering
Marketwire - Mon Dec 24, 7:30AM CST
Cornerstone Total Return Fund, Inc. (the "Fund"
(NYSE MKT: CRF) is pleased to announce the completion of its one-for-three rights offering which expired Friday, December 21, 2012 (the "Offering" . The Offering was over-subscribed. Under the terms of the Offering, record date stockholders were entitled to purchase one newly-issued share of common stock of the Fund for every three rights held. The subscription price for each newly-issued share was determined to be $5.33 which, under the terms of the prospectus, was equal to the greater of (i) 107% of net asset value per share as calculated at the close of trading on the date of expiration of the Offering and (ii) 90% of the market price per share at such time. CRF: 4.87 (unch)
