RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:whats not to love? Except maybe the share price !I think you guys maybe missed my point... QCA is my largest closed end fund holding by far and buying more.
I didn't mention the ones I hold a lot of, but ELC is 2nd, making money and paying dividends when they do. STill at a discount... the ones I traded a bit are losers and just examples of what doesnt work.
Yes I know that buy backs make huge sense and hope they do more but they are earning almost 10 cents a share and will only use some to buy back. I am talking about a dividend increase from .005 to ,006.... 20% increase for one tenth of one cent! (one thousanth of a 10 cent earnings) It's tiny but sends a powerful message, its a way to promote the stock.
I am NOT saying that some huge special dividend makes sense, but many have said this needs promotion, and this is a tiny cost to send a message that we have sustainable increasing earnings...
This is not a big deal... make or break... just a small suggestion.