Not Pretty, But Dirt Cheap: 3 Energy Divvies Up to 6.6%
August 30, 2024 at 05:00 AM EDT
AI is in and energy is out. As usual. Which is just dandy for contrarian dividend investors like us. Let’s talk about dividends up to 6.6% and stock prices that are dirt cheap. How cheap? Stocks trading for as little as half their sales ! The best time to buy energy is before the next supply shortage. I was just “upwind” of Hurricane Hone on the Big Island of Hawaii—‘tis the season for storms. Plus we have a volatile Middle East. And an economy that may get a bit of juice as the Federal Reserve begins to ease. The 2020s, make no mistake, are a bullish decade for energy.… Read more