What the AT&T Dividend Cut Really Means (and 3 Huge Dividends to Buy Instead)

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The once unthinkable has happened: AT&T (T), a Dividend Aristocrat that increased payouts for 30 years, said it will cut its payout nearly in half.

The move is especially infuriating because, as recently as April, we were hearing a lot about why the company would likely hike its payout in 2021, and management had stood by the dividend.

That’s now out the window—and the market’s not happy.

Dividend Cut Sends AT&T on a Wild Ride

It just goes to show you that even companies among the vaunted Dividend Aristocrats fall from grace from time to time. We all remember back in 2017, when another sacred cow, General Electric (GE), slashed its payout in half, as well.… Read more

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Are you worried that you’re going to outlive your money? It’s a fair concern with interest rates low and heading lower.

To put it bluntly, many well-off retirees are at serious risk of having to pick up a “side hustle” to avoid dying broke. Passive income in the popular retirement “go-tos” is simply no help today, as the average S&P 500 stock pays a skimpy 1.9% now. Ten-year Treasuries? Even worse, at just 1.5%.

So unless you’ve got $2.1 million laying around to invest in the typical blue chip stock—enough to get you a $40,000 annual dividend stream—you’ll likely have to sell some of your stocks to supplement your dividend income.… Read more

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For those of you shaking your head at your portfolio’s low yield, you can actually 2X or 3X your portfolio’s yield and improve your upside potential to boot using this strategy. And it’s actually simpler than traditional stock picking.

Many income investors have mistakenly parked their capital in “safe” consumer staples like General Mills (GIS), Kimberly-Clark (KMB) and Procter & Gamble (PG) in search of yield and security. Their money was safe, all right: their cash went nowhere – straight sideways – for the last five years!

They’d have been better off “outsourcing” their dividend decisions to the great Mario Gabelli.… Read more

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With the stock market collapsing 6% from its all-time high in just two weeks, a lot of people are freaking out.

Don’t follow them!

Because now is the best time to buy we’ve seen in a long time.

Before I show you my top 3 “buy now” indicators—which are all blaring green—and a bargain 7.5%-yielder to jump on now, let me first say that we’ve been here before.

In mid-February, with the market again on its back, I urged readers not to panic. This has happened since:

A Quick Recovery

While a 1.6% total return in 8 months isn’t much to write home about, it’s not the massive loss a lot of investors are terrified of today.… Read more

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We need to talk about a rare double discount in the stock market that’s out there now—just waiting for us to jump on it.

And doing so couldn’t be easier. It all comes down to 3 funds primed to spike when one of these discounts closes—and then spike again when the second one snaps shut!

Both of these ridiculous markdowns are already starting to narrow, so we need to make our move soon.

One other thing: these 3 funds pay massive dividends—from 7.4% to 11.7%!

Before I reveal the names of these funds, let’s talk about the first discount: the massive undervaluation of the stock market—and when we can expect investors to go from extreme fear to extreme greed.…
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Today we’re going to take on one of the biggest investing myths there is—and expose this so-called “gospel” for the dangerous falsehood it really is.

It goes like this: diversification protects you from big losses in a downturn, but that “shield” costs you in the form of income and missed gains.

Well, I’m here to tell you that this statement couldn’t be more wrong. The truth is, you can have both.

I’ll tell you how in a moment. Then I’ll show you 6 unsung funds that hand you instant diversification plus market-beating gains and a special extra bonus: a dividend yield that triples up the payout on the average S&P 500 stock.…
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