RNP is largest holding in my retirement portfolio also. As I remember, a few months back RNP announced they would be buying back shares up to 10% of outstanding shares. Sure hope it is at these depressed levels. Yes the dividend is a worry also in my household, however, in the overall worry of the quality of US financial markets, I think it is but a pimple on an elephants ass! What the hell ever happened to Republican financial expertise and responsible management?
....RNP has been in my portfolio for 4 plus years. Great monthly distribution, at the current price it is a long term winner. The Cohen & Steers funds are beaten down now but accumulate at these prices and watch the retirement fund grow!!! ....Have more shares of NRO but at current price it too is a no brainer. Over 20% yield on both of these with a huge cap gain in December!!!
I was just ready to ask as a soon to be an investor for income (40-45 grand) but after the last few days just wondering if I should wait till the first of the yr and see if the div and distribution might be still there? If I am wrong for having second quessed myself I consider this as a 10 plus yr. Hold for income. Opinions please