Dividends4Life: Buy the Best Dividend Stocks Today at a 16% Discount

The truth is, you can buy some of the best large cap dividend payers for cheaper: and I don’t mean a little cheaper. I’m talking a 16% discount. How? Through a closed-end fund (CEF) that’s trading at a ridiculously high discount to its net asset value (NAV). That’s despite a strong track record, low expenses and an attractive 4.4% dividend yield. Let’s break each of those things down one at a time, starting with the name of this unheralded investment.

It’s called Tri-Continental Corporation (TY), and it holds some of America’s safest and highest-quality stocks. But you wouldn’t know it by looking at the gap between the value of its assets and its share price: due to irrational investor fears and a lack of knowledge about CEFs generally, Tri-Continental is trading at a 16% discount to the value of its top-notch portfolio today.

Source: InvestorPlace

Related Articles:
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 6 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios

Click here to have future posts delivered to you for free!

_____________________________________________________________________

0 comments

Post a Comment

~

Popular Posts Last 30 Days