This week, the fund received dividends from both Nuveen and AT&T. Both dividends were higher than last quarter (month in CTF's case) due to dividend raises and reinvestment compounding.
Dividends and dividend reinvestment continue to be a growing part of the fund. Dividend reinvestment this month will be about 5% of the capital invested in the fund, the highest so far.
**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 or on twitter @kdkfund.
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