This Little-Known Fund Turns a 0% Dividend Into an 8.5% Cash Stream

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The Contrary Investing Report > NASDAQ:SKYY

You can be forgiven for not looking to the big-name tech stocks for high dividends. Just look at this rogue’s gallery of pathetic payouts!

  • Facebook (FB): Dividend yield: 0%
  • Amazon.com (AMZN): Dividend yield: 0%
  • Apple (AAPL): Dividend yield: 0.9%
  • Netflix (NFLX): Dividend yield: 0%
  • Google, a.k.a. Alphabet (GOOGL): Dividend yield: 0%

Those are the so-called FAANG stocks—the darlings of the tech world. But they’re no place for retirees, or anyone else on the hunt for dividends. (Though there is one often-ignored way to get an 8.5% dividend from them; more on that in a second.)

Luckily for the folks who hold these stocks, which make up about 17% of the S&P 500, they’ve made up for their pathetic—or nonexistent—dividends in outsized price gains as the market has bounced back.… Read more

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