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Zweig Fund, Inc. (The) Common S Message Board

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  • macgardner Mar 14, 2011 3:28 PM Flag

    What happened?

    The last dividend was paid to shareholders of record as of Dec. 31 and payments issued Jan 10th. The next dividend will be figured in about 2 weeks and paid about April 10th. They area actually paying about 11 percent instead of 10 lately from what I've seen. This fund is like a "parking lot" for a small part of my IRA, beats the heck out of a .50 apr CD at the bank, as long as the share price holds up fairly well, which it has done for the past couple of years since I got back in ZF. I've been making nearly 50 percent on other stocks, many of them "blue chips" since the election of 2008, so I can't get too excited about a 10 percent return.

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