The “Breakfast Beers” of Dividend Stocks Pays 8.9%
Brett Owens, Chief Investment StrategistUpdated: January 27, 2021
Everything is expensive—except for these dividend payers.
These bargains are left on the board because they fell so far, so fast in 2020 that the market’s subsequence bounce couldn’t quite pull them out of the gutter.
So, yields of 8.9% remain, with 89% price upside attached to them to boot. This “sure bet” sector is consolidating as we speak. Make a note of it, because when this breather wraps up, these dividend stocks could really soar.
We’ll talk specifics on these out-of-favor plays in a moment. First, let’s appreciate why this “free dividend money” is sitting out there for us to scoop up.… Read more