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Alpine Global Premier Propertie Message Board

  • patroutman patroutman Sep 12, 2008 10:16 AM Flag

    Let's look at the bright side...

    If you are setup with a DRIP you are getting a lot more shares for your money.

    or

    If you are a new buyer this could be one heck of a deal... maybe?

    Let's just hope this thing can continue to pay the divs and then go back up sometime in the next 5 years.

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    • Agreed...I keep adding (bought again today) at $7.85 because I love the dividend and believe the fund’s investments are sound (just frowned upon right now). We seem to not have found a bottom yet, but after the drop in the last year (from $20) a $8 CEF paying 19% on its diversified portfolio, and generating that from under 40%of its holdings cannot be ignored. Either the stock price rises to bring the dividend % back down or the dividend gets cut. I don't see the later happening.

 
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