Buying 9%, 11%, And 15% Secure Dividends At Bargain Prices

The two funds take different strategies to provide high-yield exposure to gold and natural resources.

These days I am somewhat of a gold bug. The massive dumping of stimulus cash into the global economy could lead to currency devaluation, which is very good for the price of gold.

GGN has a current yield of 10.3%, and GLDI yields 12.7%.

I thought I was not familiar with Lumen Technologies (LUMN) and its 10% dividend yield; however, with some digging, I discovered that Lumen is actually a rebrand of CenturyLink.

The recent history of CenturyLink has been extremely troubled.

The dividend was cut by 54% in March 2019, well before we had heard about the coronavirus.

I suggest not being taken in by the new fancy name.

I often refer to the closed-end fund universe as a junkyard. As with any junkyard, you can sometimes find something valuable if you shift through the junk.

The John Hancock Tax-Advantaged Dividend Income Fund (HTDmay be such a nugget.

The fund invests in utility common shares and preferred stock shares.

I suggest further research to determine the level of the tax advantage that applies to your particular situation.

The Invesco Dynamic Energy Exploration & Production ETF (PXE) offers a very contrarian play for future energy production.

The fund owns a portfolio of oil drillers and refiners. Both ends of the carbon-based energy spectrum are significantly out of favor.

PXE currently yields 6.5%.

As I noted, these investments were sent by my very smart Dividend Hunter Insiders subscribers, they’re a special group of Dividend Hunter readers.

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Disclaimer: The information contained in this article is neither an offer nor a recommendation to buy or sell any security, options on equities, or cryptocurrency. Investors Alley Corp. and its ...

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Marble 6 months ago Member's comment

Take a closer look at $LUMN... incredible value. Dividend is well covered with a payout ration is in the 30s. Debt is being paid down at a rate of about 1.5-2B/year. Debt is also being refinanced at much better interest rates. Here's a great read:

Adam Reynolds 6 months ago Member's comment

Thanks, but it looks like I have to be a paid subscriber to read the article you linked to.