The fund just received its quarterly dividend from AT&T. It was one percent higher than last quarter due to the fund's dividend reinvestment program. Four percent of the dividend was through previous dividend reinvestments.
The fund has reinvested a portion of the dividend. Another portion of the dividend has been set aside for charity.
The next expected dividend will be from Ford in the beginning of December. The fund also owns shares in Ford and Ares Commercial REIT.
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