Friday, August 29, 2014
Dividend Day Courtesy of Powershares Build America Bond Fund
Today KDK Fund received a dividend in the amount of $0.115 per share. That brings the total dividends received per share of BAB to $0.23 per share. The dividends have been reinvested into purchasing more shares of BAB. Dividends have now purchased 0.7% of the shares of BAB held by the fund. Reinvested dividends now represent 1.3% of total invested capital in the fund.
Dividends are planned to be used as another revenue vehicle for the fund.
KDK Fund currently has stock holdings in Realty Income, Ford, AT&T, Sysco, and Powershares Build America Bond ETF.
If you have any stocks that you think KDK Fund would be interested in researching, let us know at kdkfund@gmail.com or twitter @kdkfund.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com**
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