15 Huge Dividends (7.6%+) That Are “Too Good to Be True”

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15 Huge Dividends (7.6%+) That Are “Too Good to Be True”

With stocks back in “climb” mode (at least for now!), it could seem like a good time to look for a hedge against the next downturn.

If you’re looking for hedges that also pay big dividends, you might be considering resource funds—especially those in oil and gas, or maybe even gold.

Today I’m going to show you why you should resist this strategy, or at least be very careful about it. Closed-end funds (CEFs), which yield 8.3% on average today, are my beat at my CEF Insider service, so I’ll use CEFs (which we love, especially outside the resource space!)… Read more

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The Sale of the Century: Three Funds for 10.6% Dividends

Today I want to show you how to build a “three-click” income portfolio that gives us three things every income investor craves, especially these days:

  1. Big discounts on our investments.
  2. Big dividends, with a 10.6% yield averaged out across three funds.
  3. Wide diversification, with investments from across the economy.

Put the three closed-end funds (CEFs) I’ll show you below together into their own “mini-portfolio” and you could pull $10,600 in dividends from a $100K investment; $53,000 from $500K and a six-figure income stream—$106,000—from a million.

Let me introduce these three high-yielding CEFs to you now.

CEF #1: Tapping the Energy Boom for a 7.1% Payout

The ClearBridge Energy MLP Total Return Fund (CTR) yields 7.1% as I write and comes to us at a 20.3% discount to net asset value (NAV, or the per-share value of its portfolio).… Read more

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Tap Into A 7% Yield at a 20% Discount in This Overlooked CEF

Personally, I am not a fan of Beyond Meat or any of those fake burgers that are out there. But after a recent trip to the grocery store to buy provisions for a backyard barbecue… the sticker shock alone may turn me into a believer. Ground beef is now up to more than $5 a pound!

I guess I shouldn’t be surprised. Many folks are getting used to paying more amid the red-hot inflation we’re seeing across gasoline, groceries, and just about everything else.

But I am a cheapskate at heart, who refuses to pay more than I have to for anything.… Read more

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Tap Into A 7% Yield at a 20% Discount in This Overlooked CEF

Personally, I am not a fan of Beyond Meat or any of those fake burgers that are out there. But after a recent trip to the grocery store to buy provisions for a backyard barbecue… the sticker shock alone may turn me into a believer. Ground beef is now up to more than $5 a pound!

I guess I shouldn’t be surprised. Many folks are getting used to paying more amid the red-hot inflation we’re seeing across gasoline, groceries, and just about everything else.

But I am a cheapskate at heart, who refuses to pay more than I have to for anything.… Read more

Read More

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