DNP Select, Inc.me Fund Inc. (NYSE:DNP)
CAPS Rating:
Offers investment information to portfolio managers, traders and analysts. Also provides data and analysis on the economy, asset allocation and equity strategy.
Offers investment information to portfolio managers, traders and analysts. Also provides data and analysis on the economy, asset allocation and equity strategy.
Recs
The management fee is on the high side (Expense Ratio 2.26% according to Morningstar.com)- but I like the dividends. Currently at a 13.33% yield, DNP pays 0.06/share (according to Google Finance). The shares are cheap- relative to their perceived value.
MarketWatch.com reported on Dec 15 that DNP declared dividend distributions through February 2009.
To me, it makes since that I get paid to put my money at risk- especially in turbulent market circumstances. High yield, dividend paying stocks seem like a good way to strategize the market.