When looking for the NAV of closed-end funds just add an X first, and X last. XUTGX = NAV, works on
any ticker symbol.
Current dividend for LINE/LNCO is $2.90 paid monthly. Company has said that after the Berry closing
the dividend will be $3.08 an increase of $.018 cents per share. Don't know where your getting $2.92 +..40?
Because the price it was trading for was around $18.00 or so. That was on Sept. 18th when
the announcement was made.......That's why.
Always been done this way. On x-div. day seller keeps the div. and buyer has the price
reduced by x-div. all things being equal.
If you owned 150 shs. NRGY your old div.@ 1.50 = $225.....You also recevied 16 shs. of SPH with a div. @3.41 = $55 approx. The new NRGY div is 1.16 = $174 + SPH div $55 =$229.00 almost $4 more than when you started. Don't know where you got the .09 cents??