Ignore the Haters: These 6%+ Dividends Are Strong Buys Now
September 02, 2021 at 05:00 AM EDT
If anyone tells you that all the big dividends have been bought up in this inflated market, do yourself a favor: tune them out. Because while stocks are up—and dividend yields are down as a result—there are still high, cheap payouts to be had out there. And we closed-end fund (CEF) investors know exactly where to find them. In a moment, we’ll nail down a couple of funds that are still attractively priced today, and they pay you 6%+ dividends, to boot. That said, deals certainly aren’t falling out of trees in CEFs these days—we have to dig deeper to uncover them than we ever have before.… Read more