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1 Click for a 6.9% Dividend and a Quick 8.2% Gain

If you want high dividends right now (and who doesn’t?), but you don’t want to overpay, there’s one place you need to look: utilities. There are three ways to tap into this sector, but only one hands you the most upside and fattest dividend yields from these unloved cash-spinning companies: Buy utility stocks individually Buy ETFs specializing in utilities Buy closed-end funds (CEFs) specializing in utilities The third option is the best one. To understand why, we need to go back a few months. Back on March 1, I recommended Reaves Utility Income (UTG) , a utility CEF that yields 6.9% (spoiler: those big yields are common with CEFs and are a big reason why these funds are an awesome bet for income investors).… Read more
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