DividendNov 6, 2026, 04:31 PM
Cornerstone Total Return Fund Declares Q1 2027 Distributions
AI Summary
Cornerstone Total Return Fund, Inc. (CRF) announced its monthly distributions for January, February, and March 2027, maintaining the previously adopted monthly distribution policy. The distributions for each of these months are set at $0.1022 per share. The company also noted that the distribution amount is reset annually based on net asset value and an approved distribution percentage, which will remain at 21% for 2027. These distributions may consist of net income, capital gains, or return-of-capital, and are not tied to investment income or capital gains. A share repurchase program is also in place.
Key Highlights
- Cornerstone Total Return Fund (CRF) declares monthly distributions for January, February, and March 2027.
- CRF's January 2027 distribution set at $0.1022 per share, payable January 29, 2027.
- CRF's February 2027 distribution set at $0.1022 per share, payable February 26, 2027.
- CRF's March 2027 distribution set at $0.1022 per share, payable March 31, 2027.
- Distribution amount reset annually based on net asset value and an approved distribution percentage.
- Distribution percentage for 2027 remains unchanged at 21% of net asset value.
- Distributions may include net income, capital gains, or return-of-capital.
- Share repurchase program authorized, purchases may be made opportunistically at discounts to NAV.
Price Impact
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