Talk of The Villages Florida - View Single Post - Bond Issue
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Old 10-29-2019, 11:29 AM
Chatbrat Chatbrat is offline
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A person had mentioned that they get 6%, I have a big investment in Gabelli Utility Trust (GUT) it pays close 8% and the dividends are based on 12 month payments, but a really big benefit is it you reinvest dividends, you get a 5% market price discount--close to 13% (total)--have this stock over 25 years--double your investment close to every 7 years

By the way I just got some more stock today @ $7.16 vs $7.54 mkt price--its been working for me
Last edited by Chatbrat; 10-30-2019 at 03:49 AM.