These 2 “All-American” Dividends Pay 7.5%+ (and They’re Tax-Free)

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What if I told you we’ve got a shot at grabbing 2 cheap funds that kick out huge dividends—I’m talking 7.5% and higher—and those payouts are tax-free too?

What I’m talking about might be the last bargain available to us in this (overheated) stock market. Stocks’ roll higher since the Liberation Day tariffs were put on hold has meant fewer income opportunities from S&P 500 names (as yields and share prices move in opposite directions).

That’s added even more appeal to the tax-free dividends (two, in particular) we’re going to talk about below. They deal in municipal bonds, which are issued by state and local governments to fund infrastructure projects.… Read more

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With stocks levitating higher, you just might be starting to peek at other investment ideas (bonds? REITs?) to spread out your risk and, most importantly, boost your dividends.

It’s always a smart strategy, and especially so now. We ran through an easy way to diversify while grabbing yourself a healthy 7.9% payout in last Thursday’s article (click here to catch up if you missed it).

“Munis” Cut Your Taxes, Boost Your Payouts—But Timing Matters

Which brings me to my favorite income plays, closed-end funds (CEFs), and in particular those that hold municipal bonds. (“Munis” are issued by state and local governments to fund infrastructure projects.… Read more

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