I take that as positive as they could have decided to pay on 01 October, as everyone had expected. Those of us with average buying price of $4 to $5 have been making huge gains. Still NCZ has been doing better recently and it may pull up NCV shorly. Even if they were to fall, which I cannot think of a near-term reason now, I believe they both will be even more attractive. Looking at NAV Vs. market price and the current dividend yield of around 14% , do you know of any other stocks with such consitent performance? Cheers
I agree with you that it is a positive sign. It appears that NCV managers can't give divvys out fast enough! There are just 29 days between the Aug and Sep payouts. This means that the 9 cents per share are already available in less than 30 days. If I remember well, NCV recently declared income of 30 cents per qtr. Has it ever happened before that they paid 2 divvys in the same month?