CFP News Alert Cornerstone Progressive Return Fund (CFP) 15.15

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Feb 14, 2015 at 3:27 AM

Cornerstone Progressive Return Fund (CFP) 15.15 $CFP

Cornerstone Progressive Return Fund Announces Continuing Monthly Distributions
Marketwired - Fri Feb 13, 3:15PM CST
Cornerstone Progressive Return Fund (NYSE MKT: CFP) (the "Fund"

, a closed-end management investment company, announced that the Fund is declaring the following distributions.
CFP: 15.15 (+0.01)

Top Monthly Pay Dividend Dogs: February Lists
Fredrik Arnold - at Seeking Alpha - Tue Feb 10, 7:25PM CST

GLDI: 12.39 (+0.06), CEFL: 22.43 (+0.06), DVHL: 24.31 (+0.24), HCAP: 12.17 (+0.03), CLM: 20.93 (+0.26), CFP: 15.15 (+0.01), ARR: 3.13 (unch), ORC: 13.98 (+0.30), VNR: 18.09 (+0.38), ERF: 11.63 (+0.55), FULL: 4.40 (+0.06), AGNC: 21.95 (+0.21), GGN: 7.59 (+0.12), MORL: 19.93 (+0.09), ARP: 10.26 (+0.37), SCM: 12.33 (+0.22), OAKS: 10.89 (-0.09), BIT: 17.66 (-0.01), SLVO: 12.16 (+0.19), FSC: 7.23 (+0.12), CRF: 21.63 (-0.10), CPG: 26.20 (+0.16), ARCP: 9.40 (+0.06), JMI: 9.02 (+0.08), PSEC: 8.67 (+0.07), HLSS: 16.15 (-0.14)

Closed-End Funds Strategies For 2014 And 2015: CEFs For Buying And Selling
Joe Eqcome - Seeking Alpha - Wed Jan 14, 5:34PM CST
Losses to Stars: Over the years, the poorest performing closed-end funds (NYSEMKT: CEF ) at the end of the year often turned around and became the "stars" of the new-year. (In 2013, GenEqFnds was in 1st place; SingleStMuniFnds and ...
MXF: 22.11 (+0.57), CFP: 15.15 (+0.01), IIF: 28.87 (+0.26), GF: 14.70 (+0.20), TTF: 9.18 (-0.03), UTG: 31.01 (-0.73), CEE: 21.21 (+0.32), RIT: 13.07 (-0.07), IFN: 29.13 (+0.41), EVN: 13.70 (unch), RQI: 12.36 (-0.10), TRF: 9.95 (+0.36)

Top Monthly Pay Dividend Dogs: January Lists
Fredrik Arnold - at Seeking Alpha - Thu Jan 08, 1:18AM CST

ERF: 11.63 (+0.55), FULL: 4.40 (+0.06), CEFL: 22.43 (+0.06), DVHL: 24.31 (+0.24), BBEP: 7.85 (+0.32), ROYT: 5.85 (+0.26), NDRO: 4.94 (-0.02), MORL: 19.93 (+0.09), GGN: 7.59 (+0.12), ARP: 10.26 (+0.37), CLM: 20.93 (+0.26), OAKS: 10.89 (-0.09), CFP: 15.15 (+0.01), LNCO: 12.30 (+0.28), CPG: 26.20 (+0.16), CRF: 21.63 (-0.10), IVH: 16.20 (+0.13), PGH: 3.49 (+0.14), ORC: 13.98 (+0.30), LINE: 12.94 (+0.40), CFD: 12.52 (+0.08), PSEC: 8.67 (+0.07), PHK: 12.26 (+0.01), JMI: 9.02 (+0.08), VNR: 18.09 (+0.38)

Cornerstone Funds Announce Completion of Reverse Stock Splits
Marketwired - Mon Dec 29, 8:15AM CST
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" and collectively, the "Funds"

, each a closed-end management investment company, announced that the previously disclosed one-for-four reverse stock split ("Reverse Split"

for each Fund was executed today prior to the opening of trading on the NYSE MKT exchange. Trading of the Funds' shares on a split-adjusted basis will begin today under new CUSIP numbers of 21924B302 for CLM, 21924U300 for CRF and 21925C200 for CFP.
CFP: 15.15 (+0.01), CRF: 21.63 (-0.10), CLM: 20.93 (+0.26)

Cornerstone Funds Announce Approval of Reverse Stock Splits and Effective Date
Marketwired - Tue Dec 16, 3:10PM CST
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 one-for-four reverse stock split ("Reverse Split"

for each Fund is anticipated to become effective prior to the opening of trading on Monday, December 29, 2014 ("Effective Date"

.
CFP: 15.15 (+0.01), CRF: 21.63 (-0.10), CLM: 20.93 (+0.26)

3 Stocks With Upcoming Ex-Dividend Dates: JHP, CRF, CFP
at The Street - Wed Dec 10, 9:04AM CST
JHP CRF CFP are going ex-dividend Thursday, Thursday, December 11, 2014
CFP: 15.15 (+0.01), JHP: 8.62 (-0.02), CRF: 21.63 (-0.10)

Cornerstone Funds Announce Continuing Monthly Distributions, Reset Distribution Amounts for 2015 and Changes to December 2014 Payable Date
Marketwired - Fri Nov 14, 3:51PM CST
Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (each a "Fund" and collectively the "Funds"

, each a closed-end management investment company, announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions, which have been reset for the calendar year 2015.
CFP: 15.15 (+0.01), CRF: 21.63 (-0.10), CLM: 20.93 (+0.26)

Cornerstone Progressive Return Fund Announces Continuing Monthly Distributions and Changes to December 2014 Payable Date
Marketwired - Fri Nov 14, 3:33PM CST
Cornerstone Progressive Return Fund (NYSE MKT: CFP) (the "Fund"

, a closed-end management investment company, announced that the Fund is declaring the following distributions.
CFP: 15.15 (+0.01)

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: MUJ, SDT, CFP
at The Street - Tue Nov 11, 9:08AM CST
MUJ SDT CFP are going ex-dividend tomorrow, Wednesday, November 12, 2014
CFP: 15.15 (+0.01), SDT: 3.90 (+0.05), MUJ: 15.00 (+0.02)

Best MoPay Dividend Dogs: November Lists
Fredrik Arnold - at Seeking Alpha - Tue Nov 04, 5:38PM CST

CEFL: 22.43 (+0.06), QRE: 14.35 (-0.50), DVHL: 24.31 (+0.24), BBEP: 7.85 (+0.32), ROYT: 5.85 (+0.26), NDRO: 4.94 (-0.02), CLM: 20.93 (+0.26), CFP: 15.15 (+0.01), LNCO: 12.30 (+0.28), ROC: 79.20 (+0.33), ARR: 3.13 (unch), PGH: 3.49 (+0.14), LINE: 12.94 (+0.40), ORC: 13.98 (+0.30), CFD: 12.52 (+0.08), VNR: 18.09 (+0.38), FULL: 4.40 (+0.06), QYLD: 23.78 (+0.01), ETF: 13.30 (+0.18), GGN: 7.59 (+0.12), MORL: 19.93 (+0.09), ARP: 10.26 (+0.37), OAKS: 10.89 (-0.09), FSC: 7.23 (+0.12), CRF: 21.63 (-0.10), ARCP: 9.40 (+0.06), JMI: 9.02 (+0.08), PHK: 12.26 (+0.01), PSEC: 8.67 (+0.07)

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: 15.15 (+0.01), CRF: 21.63 (-0.10), CLM: 20.93 (+0.26)

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: BKN, CRRC, CFP
at The Street - Tue Aug 12, 9:05AM CDT
BKN CRRC CFP are going ex-dividend tomorrow, Wednesday, August 13, 2014
CFP: 15.15 (+0.01), BKN: 15.96 (-0.19), CRRC: 22.96 (+0.22)

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