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Use it all to buy shares of DNP. At today's closing price of 9.34, the monthly dividend of 6.5cents will net you 8.35% per year (not counting compounding, high
by djoldman 13y ago
Use it all to buy shares of DNP. At today's closing price of 9.34, the monthly dividend of 6.5cents will net you 8.35% per year (not counting compounding, higher if you have a divident reinvestment plan). After taxes you should still be above 5%.
- michaelrhansen 13y agoPlease be careful and understand what type of fund this is before choosing this investment.