I am going to have to reconsider my " On My Chin " theory Splunk jumps 13% after WSJ report of $20B plus takeover offer from Cisco 18:37 SPLK, CSCO In after hours trading, shares of Splunk are up 13% to $129.98.
Hey TPT, check out DNP and USA. They are closed end funds. DNP has a large percentage utilities(communications and energy) 7% Div. They do use up to 25pc margin. Also divvy can be return of capital. Beta is 0.6ish. Has run up of late due to energy prices. Monthly divvy. USA is more market correlated. Beta maybe more like 1.5 can’t remember exactly. 10% divvy. Quarterly. newbie
Reinvested dividend shares get a 5pc discount as well (with most brokers) DNP trades at a premium to NAV USA trades at a smaller premium to NAV.