Breaking News Bar

Business News and Information

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
Data & News supplied by
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.
bottom clear