Did You Miss the Rally? 5 Still-Cheap Dividends Up to 12.3%

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Did You Miss the Rally? 5 Still-Cheap Dividends Up to 12.3%

Mr. and Ms. Market are manic. Always have been, always will be. My fellow contrarian, they reminded us of this fact yet again.

Fortunately we were zigging while the broader crowd was zagging.

The herd’s “FOMO panic” last week pushed many of our stocks higher. Vanilla investors covered their ill-timed short positions and scrambled to buy bargains. Like the dividend deals we bought in October!

Did you miss out? Have cash suddenly burning a hole in your pocket? If so, no worries, a few select dividend deals remain.

I’m talking about yields up to 12.3% and discounts up to—get this—46%.… Read more

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4 Steps to Fast 49% Total Returns from Safe Dividend Payers

Last week in this column, I said it was time to buy. Today, we’ll clarify that timeline.

Buy and hold forever? Nah. Not now. Maybe never again!

To everyone that shook their head at this careful contrarian last week, thinking there is too much uncertainty in the world, well, I agree with you. The “threatdown” is real—which is why I’m not interested in holding names until the end of time.

We have conflict in the Middle East, a still-hawkish Federal Reserve, spiraling government debt and stubborn inflation. The news isn’t pretty.

That said, precarious markets create short-term and medium-term opportunity.… Read more

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“Quiet QE” Means Sizzling 60% Profits for Us

Sixty percent gains, needless to say, are nice!

They can be the difference between a comfortable retirement and, well, one where we’re a bit too concerned about losses.

A million dollars is plenty to retire on dividends. But isn’t $1,600,000 even better?

With a million, an 8% yielding portfolio dishes $80,000 per year in dividends. Nice.

But that 60%-higher portfolio pays $128,200. Even nicer.

Why am I teasing 60%? Because we have the best opportunity to bank big gains—from safe dividend stocks, no less!—since the fall of 2020.

The opportunity is here thanks to a form of “quiet QE” from the Federal Reserve.… Read more

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This 6.2% AI Dividend Pays Us Every Month (and Sells for 16% Off)

Few people would put the words “artificial intelligence” and “big dividends” in the same sentence—but those folks have never heard of closed-end funds (CEFs)!

These “yield machines” are perfect plays on the surging AI megatrend for three reasons:

  • Big dividends: Thanks to CEFs, we can “download” big cash payouts from stocks that pay low (or no!) dividends themselves. Getting our payouts in cash, rather than paper gains, is priceless in the sometimes-volatile world of AI investing.
  • Lower volatility: Speaking of volatility, as most equity CEFs invest in various sectors—not just tech—we get some extra insurance over folks who try to “cherry-pick” the AI trend themselves.

… Read more

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Have $600K? 19 Tickers for $50,400 Per Year in Dividends

$600K can be enough money to retire on. Even as early as age 50!

The trick is to convert the pile of cash into cash flow that can pay the bills. I’m talking about $50,400 per year or more in dividend income on that nest egg, thanks to 8.4% yields.

These are passive payouts that show up every quarter or, better yet, every month. Meanwhile, we keep that $600K nest egg intact. Or, better yet, grind that principal higher steadily and safely.

Got more in your retirement account? Cool—more monthly dividend income for you!

We’ll talk specific stocks, funds and yields in a moment.… Read more

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7 Monthly Dividend Payers Dishing $5,026.74 This July

Retiring on dividends. It’s the income investors’ dream, right?

It sure beats working for the rest of our lives!

Check out this July 2023 income summary, courtesy of Income Calendar, a nifty tool we built to project dividend income. I loaded up a 10-stock portfolio, featuring popular payers we discuss in these pages:


Source: Income Calendar

This is an “equal opportunity” collection of both picks and pans. Please, don’t run out and buy Global X Nasdaq 100 Covered Call ETF (QYLD) just for its impressive 12.2% annualized yield. Let the Nasdaq bubble pop, at least!

QYLD buys the Nasdaq index and sells covered calls to generate income.… Read more

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Midyear Update: Our Playbook for Big Dividends (for 15% Off)

We’re halfway through 2023, and many closed-end funds (CEFs) have ridden this year’s market updraft while delivering huge dividends to members of my CEF Insider service.

Yet we contrarian income seekers are still in a strong position, as traditionally slow-moving CEF buyers tiptoe back into the market, giving us extra time to pick up our favorite CEFs at deep discounts to net asset value (NAV).

In the June issue of CEF Insider, which will be released tomorrow, we’re going to discuss specific portfolio picks that are best positioned to profit from the trends I see unfolding over the rest of the year.… Read more

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This “Hack” Lets Us Tap ChatGPT for 6% Dividends

Let’s go ahead and grab a slice of AI’s furious growth and get ourselves a nice 6% dividend (paid monthly), too.

Better still, we’re going to get in at an unheard-of 13% discount! Plus we’re going to do it safely—not tying up our cash in profitless tech or miserly blue chips dribbling out paltry 1% to 3% dividends.

Like Buying Microsoft, But With a 6% Dividend (Paid Monthly)

When someone mentions AI, the first stock that that likely pops to mind is Microsoft (MSFT) and its flashy move to integrate the ChatGPT AI into its Bing search engine.

That came straight from the company’s $10-billion investment in OpenAI, ChatGPT’s developer—a move that paid off: Microsoft has its search-engine game back after Bing spent the last decade in the dumpster with ’90s throwbacks like AskJeeves and Yahoo.… Read more

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Why 2023 Will Be Better Than 2022 (and the Cheap 6% Dividends We’re Watching Now)

As I write this, stocks are in the process of giving back some of their “New Year’s bounce”—and I’m hearing from folks who are worried that 2023 will be another 2022.

I get it—it’s only natural to feel that way after the S&P 500 fell some 20% in a year. And those who limited themselves to the tech-focused NASDAQ took it particularly hard—off some 30%+ in ’22.

But just because the market is off to an uncertain start does not mean we’re headed for another mess like last year. In fact, the odds of that are very low.

For one, it’s rare to get two bad years in a row.… Read more

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5 Easy Steps to Retire Early on $500K

$500K can be enough money to retire on. Even as early as age 50!

The trick is to convert the pile of cash into cash flow that can pay the bills. I’m talking about $35,000 to $40,000 per year or more in dividend income on that nest egg, thanks to 7% and 8% yields.

These are passive payouts that show up every quarter or, better yet, every month. Meanwhile, we keep that $500K nest egg intact. Or, better yet, grind that principal higher steadily and safely.

Got more in your retirement account? Cool—more monthly dividend income for you!

We’ll talk specific stocks, funds and yields in a moment.… Read more

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