Hi Buddy! Good luck with keeping your toe. lol I did nothing today. I didn't buy anything, I didn't sell anything. I finished the day up just a little.
Here is a closed end dividend fund that you might be interested in? Here is the lowdown, and why I like it. It closed at 8.18 today. At that price, the current yield is 17.47%.
Here is another way that I looked at it. Let's say I bought $1,000.00 worth of AOD at today's close of 8.18. 1000/8.18=122 shares.
With that 1004.96, at its current dividend of .12 per share per month, that would equate to monthly income of 122 sh x .12 = $14.64. Multiply that by 12, and you have an annual return of $175.68 on your initial $1004.96 investment. If you get in low enough, the initial investment itself could potentially be worth even more. IMO, this is a great place to keep in mind if the market were to dump big time again. The lower the price per share, the more shares and the higher the yield. The divy is the same per share.
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