Alpine Global Dynamic Dividend Fund (NYSE:AGD)

CAPS Rating: 2 out of 5

Close end exchange traded fund

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Player Avatar jimswhims (< 20) Submitted: 7/21/2010 9:55:22 AM : Outperform Start Price: $5.25 AGD Score: -22.88

The dividend is fluctuating, and the stock has lost a lot of its value, but at current prices i'd say it's a good buy if you've some appetite for risk.After holding this stock for just a year and reinvesting the dividends (which are distributed monthly!), combined with a slight drop in price, my holding has now increased by 13%. That's the thing with dividend stocks, a (hopefully temporary) reduction in price doesn't bother me as much, as you get extra leverage on your DRIP.

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