New Year, New Portfolio: Start With These 2 “Dividend Deals”

Let’s kick off 2024 with great news: despite the Santa Claus rally, there are still some sweet dividend deals on the board—many hiding in plain sight. In a second, we’ll name names and dive into my 2024 outlook, including my forecast for a 2024 recession and exactly what we’re going to be looking for in dividend payers (and growers) this year. First, let’s tee up 2024 by reviewing the game tape from the last quarter of ’23. Buying Fear Drove Fast Double-Digit Gains in Late ’23 Readers of my Contrarian Income Report service will recognize the Gabelli Dividend & Income Trust (GDV), one of the picks we grabbed when panic was running high in October.… Read more