Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / DNNGY - DPG: An Interesting Utility And Midstream Fund With A 10%+ Yield

DNNGY - DPG: An Interesting Utility And Midstream Fund With A 10%+ Yield

Orsted A/S ADR
  • Utilities tend to be very popular among retirees and other conservative investors due to their inherent stability.
  • DPG invests mostly in utilities, but there are other infrastructure plays such as midstream and telecommunications in the portfolio.
  • The future of both midstream and electric utilities is extremely bright and these entities comprise the overwhelming majority of the fund.
  • DPG was unable to cover its distribution in 2020 but it was in 2019, so, hopefully, it will be fine in 2021 with the recovery in energy prices but we should still watch it.
  • The fund trades at a slight discount, so appears reasonably valued.

For further details see:

DPG: An Interesting Utility And Midstream Fund With A 10%+ Yield
Stock Information
Company Name: Orsted A/S ADR
Stock Symbol: DNNGY
Market: OTC
Menu
DNNGY DNNGY Quote DNNGY Short DNNGY News DNNGY Articles DNNGY Message Board
Get DNNGY Alerts

News, Short Squeeze, Breakout and More Instantly...