Apr. 19 at 12:22 PM
$CLM $CRF I hope the management of Cornerstone reads these posts. I have a suggestion. A Monthly R.O. . It’s proven that the R.O. Greatly benefits the company and its NAV. Selling stock at any price over the MSP would provide income to grow the NAV. Here’s how it would work.
Investors would subscribe for so many stocks or so much money each month. A minimum may be
$1000 or the equivalent in stock. The maximum not more the one third of the shares owned or some dollar amount. Investments must be covered by cash. Not margin.
Investors must be long term owners of the stock. No sales or a limited number of sells within a year.
Investors must be in a DRIP program with their brokerage firm.
Shares to be issued with DRIP shares each month.
This is just a basic framework of the program. Other stipulations could be added as required.
I’d join the program. What are your thoughts? Be nice. It’s just a suggestion.
