Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries These 9% Dividends Crush a Dangerous Investing Myth By: Contrarian Outlook June 26, 2023 at 05:00 AM EDT Stop me if you’ve heard this one: “If you buy a high-yielding investment, your big yield won’t last because they’ll cut dividends.” I hear it a lot, so let’s talk about two funds that haven’t cut distributions in the last decade. In fact, these closed-end funds (CEFs) , yielding 9% and 10%, respectively, have done the opposite , growing payouts and dropping special dividends, too! High-Yield CEF No. 1: A “One-Click” Way to Get a Growing 9% Payout From Tech One of my favorite CEFs comes from the biggest fund manager on earth: BlackRock, with more than $10 trillion of assets under management.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
These 9% Dividends Crush a Dangerous Investing Myth By: Contrarian Outlook June 26, 2023 at 05:00 AM EDT Stop me if you’ve heard this one: “If you buy a high-yielding investment, your big yield won’t last because they’ll cut dividends.” I hear it a lot, so let’s talk about two funds that haven’t cut distributions in the last decade. In fact, these closed-end funds (CEFs) , yielding 9% and 10%, respectively, have done the opposite , growing payouts and dropping special dividends, too! High-Yield CEF No. 1: A “One-Click” Way to Get a Growing 9% Payout From Tech One of my favorite CEFs comes from the biggest fund manager on earth: BlackRock, with more than $10 trillion of assets under management.… Read more Read More >>