Thu, Jun 20, 2013, 5:45 AM EDT - U.S. Markets open in 3 hrs 45 mins
From .20 per quarter to .30 per quarter. Wow! A 50% increase is a pretty big deal.
Yep. Very nice! And it certainly is about time. I was thinking of selling RNP because of the lower share price. The dividend increase, and the statement of dividend stabilty is encouraging.
and even with the share price up to $13.15 after the 50% dividend increase, it's still selling for $2 less than the NAV. The NAV is $15.38 and the yield is now up to 9.1%