RE:ds trading at a discount again, but a positive NAV move upmouserman wrote: NAV to Feb 1 up at 7.32 after distributions, and made some moves up again today.
NAV next month should be up closer to .06 after the last one was at .0553 per share.
Great thing about this stock, is that as the stock price and NAV rises, the yield rises with it.
No worries about staying above any distribution level as this one is not a split fund, no preferred shares taking the dividends revenue that is collected.
Yes this is a good one along with LBS as you mentioned in your post on that one. Both are good to look at long term holds, tuck them away in your TFSA and just learn them earn you some nice steady income. As soon as I can wiggle out of FTN will do so, and put some additional cash in both of these. BK also very safe with same rising feature.