Chasing Income & Yield - buying DNP (100 shares, $78 div income)

DNP Select Income Fund Inc. (NYSE: DNP) is a diversified, closed-end management investment company. Its primary investment objective is current income and long-term growth of that income. Capital appreciation is a secondary objective.

The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.

Top 10 holdings:

NextEra Energy Inc.	3.7%
Alliant Energy Corp.	3.4%
Westar Energy Inc.	3.3%
CMS Energy Corp.	3.2%
Eversource Energy	3.2%
Sempra Energy	3.0%
DTE Energy Co.	2.8%
WEC Energy Group Inc.	2.8%
Ameren Corp.	2.7%
Public Service Enterprise Group Inc.	2.6%

as of 4/30/2016 (src: www.dnpselectincome.com)

Since 1987, this fund has produced an annualized return of over 9% (src:longrundata.com) on its dividend. Is that consistency or what !

I'm confident this fund will continue to perform and I hope to collect steady income from this holding for a very long time.

This purchase will add $78 dividend income to my dividend stock portfolio

Basic info:
Market CAP: 2.99B     EPS:$0.38   Dividend: $0.78 (7.33%)

Stock Buy - Chasing High Yield NRZ (100 shares, $180 div income)

New Residential Investment Corp. (NYSE: NRZ) is a real estate investment trust investing and managing excess mortgage servicing rights.  A mortgage servicing right (“MSR”) provides a mortgage servicer with the right to service a pool of mortgage loans in exchange for a fee.

Despite current mortgage rates at historic lows (bad for NRZ), tight lending standards and banking regulations have actually helped NRZ get more business from banks who owned a majority of MSRs. 

The recent events in Europe (Brexit) has ensure that interest rates will be lower for longer but this will not last forever. Eventually interest rates will start to rise again. In the meantime I'll gladly collect the 14% dividend and using it to buy more shares :)

This purchase will add $180 dividend income to my dividend stock portfolio

Basic info:
Market CAP: 2.95B     EPS:$1.44   Dividend: $1.84 (14.10%)

Goodluck chasing yields !?

Buy, Hold or Sell ? (Ford & General Motors)

I think Ford (NYSE:F) & General Motors (NYSE:GM) will do well in this high tech future. 

 (Disclosure: Long F & GM)