Here are two closed ended funds you could look at...PEO or RGT. Corporate raiders have gone after them, so their discounts are much less than in years past.
Yeah, I wanted to mention RVT and RMT...But problems with both. Don't get me wrong, I own more RVT than any other stock/mutual fund. But, it's hitting all time highs. Great dividend and reinvestment option (especially in recessions). But both RVT and RMT could have problems with higher interest rates. The Royce Family of Funds do a great job on reseach...Including being interest sensitive to the companies they buy. But, having a micro cap situation for 100 companies (RMT), in and of itself, will create problems if interest rates rise too quickly. They do offer DRIPs, but the discount is not what it use to be...
You question makes no sense. No company offers dividends at a discount. Some companies offer stock at a discount with a DRIP.
It's funny I had a different list...I threw it in the trash!! I was confused too. It seems you would like under priced stocks, that have a good dividend, that offer DRIP...Yes?? Like stated above...No company (that I know of) gives a discount to their stock offerings. Here is my list of OK stocks (which may be undervalued), that "may" have DRIPs...See if any would work. KO ENB DUK GOOD HEL BP XOM
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