Need A 'Steady Eddy' Income Source? (DNP) | Seeking Alpha
This is an outstanding article about DNP, a closed-in fund which pays on a monthly basis in a very consistent manner. The fund primarily invests in utilities, and it is currently outperforming XLU (a popular utility ETF) with a 7.75% annual dividend. The expense ratio is higher than XLU, but the net dividend payments are still considerably higher for DNP. This stock is definitely worth holding as part of a diversified portfolio.
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