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 This 7.9%-Payer Just Hinted Its Payout Will Grow By: Contrarian Outlook September 14, 2023 at 05:00 AM EDT Closed-end funds (CEFs) really are the “Swiss army knife” of investments: with one click, they let us grab big income (the average CEF yields 7.9%), diversify (within and beyond asset classes) and buy their holdings for cheap! But let’s be honest, when it comes to CEFs, it’s all about the dividends. On that front, there’s a lot to say. For one, many CEFs pay monthly, making managing our income easy: CEFs’ high yields mean we could potentially replace a $6,500 monthly paycheck with less than $1 million invested and live on dividends alone. And check out these discount and dividend stats from across the CEF space: A third of all CEFs yield over 10%. … 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.
This 7.9%-Payer Just Hinted Its Payout Will Grow By: Contrarian Outlook September 14, 2023 at 05:00 AM EDT Closed-end funds (CEFs) really are the “Swiss army knife” of investments: with one click, they let us grab big income (the average CEF yields 7.9%), diversify (within and beyond asset classes) and buy their holdings for cheap! But let’s be honest, when it comes to CEFs, it’s all about the dividends. On that front, there’s a lot to say. For one, many CEFs pay monthly, making managing our income easy: CEFs’ high yields mean we could potentially replace a $6,500 monthly paycheck with less than $1 million invested and live on dividends alone. And check out these discount and dividend stats from across the CEF space: A third of all CEFs yield over 10%. … Read more Read More >>