Add as a preferred source on GoogleCornerstone Total Return Fund, Inc. Sets 2027 Monthly Distribution at $0.1022
The fund set record and payment dates for all three months and kept its annualized distribution rate at 21% of net asset value for 2027.
Cornerstone Total Return Fund, Inc. (NYSE American: CRF) set its monthly distribution at $0.1022 per share for January, February and March 2027. The fund announced the schedule Nov. 6.
Shareholders of record Jan. 15 are scheduled to be paid Jan. 29. The February record date is Feb. 16, with payment set for Feb. 26; for March, shareholders of record March 15 are scheduled to be paid March 31.
The fund recalculates its monthly distribution each year using its net asset value on the last business day of October and a rate approved by its board. That annualized rate is 21% for 2027. The fund’s policy says payments are not based on investment income or capital gains and do not represent portfolio yield or return.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.