You are right though, if the stock price falls faster than the dividend pays. Bad deal.
But often times old people only want the dividend and they do not care about the value of the stock. Makes me scratch my head personally, however that is the mind set of many retirees.
Recent CLM News
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 05/24/2024 08:43:22 PM
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- Form N-CEN - Annual Report for Registered Investment Companies • Edgar (US Regulatory) • 03/08/2024 09:04:47 PM
- Cornerstone Funds File Their Annual Reports • GlobeNewswire Inc. • 03/01/2024 02:00:00 PM
- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 02/29/2024 09:05:27 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/27/2024 09:05:18 PM
- Cornerstone Funds Announce Continuing Monthly Distributions and Change in March 2024 Payable Date • GlobeNewswire Inc. • 02/12/2024 02:00:00 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 11/16/2023 09:17:08 PM
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- Form N-CSRS - Certified Shareholder Report, Semi-Annual • Edgar (US Regulatory) • 08/24/2023 08:40:48 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2023 09:23:00 PM
- Cornerstone Funds Announce Continuing Monthly Distributions for 2023 and Distribution Percentage for 2024 • GlobeNewswire Inc. • 08/04/2023 11:00:19 PM
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