For those on the board that continue to speculate/hope/expect for dividend increases, don't hold your breath. The fund has always paid the same dividend and in its stated charter it focuses first on capital appreciation and secondarily on dividends. Alpine has other funds to pick from for dividend yields. I suspect that this fund would need a charter change/vote to increase dividends significantly. It has a limited life and will pay out the net asset value at the end. Thus, focus on dividends plus the asset/stock price discount amortized ovewr remaining time.