written by reader Imperssive monthly payout

by eiainc | September 5, 2019 1:08 pm

For the last 30 years I have invested in DNP Duff Phelps Utility Income trust. It pays $.065 / month and their DRIP is pretty sweet. You reinvest your dividends at 5% less than the market or the NAV which ever is greater. The total swing for the last has been pretty tight and at 7.8% plus the drip it is not a bad place to park a little income money.
Jim

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