However, I recently came across a Dividend Growth CEF that made me pause. Here are some of its key metrics:
- Pays a monthly dividend
- Current yield 5.5%
- Paid an increasing dividend since July 2009
- Last 3 years' average dividend increase was 10.8%
- Last increased its dividend in March 2014
After careful consideration, I have decided to initiate a position in this CEF next week in my High-Yield portfolio. Granted, no dividend CEF will ever perform as well as a carefully selected dividend growth stock portfolio, but this one might be a good runner up. Here is some more information on it:
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