Looking for an attractive dividend yield in the tech sector? Looking for a bargain, a discount? How about both? Income investors often utilize closed-end funds for the highest yields in tech. This stock yields 4.94% and pays monthly. Management raised the monthly dividend twice in the past 12 months. Both selling at discounts to NAV.
We compare the two funds holdings, dividends, performance, and other attributes.
As it happens, two popular sister tech funds, BlackRock Science And Technology Trust (BST), and its younger sibling, BlackRock Science and Technology Trust II (BSTZ), which IPO'd in 2019, are both selling at discounts to NAV. One strategy which can be useful when investing in CEFs is to buy them at discounts to NAV which are deeper than their historical discounts. In the case of BST, its current -3.46% discount is cheaper than its one-year 2.62% average premium, its three-year 2.66% average premium, and five-year .16% average premium.
Source: Seeking Alpha
Related Articles:
5% Yield On Tech, 4% Discount, 2 Monthly Dividend Hikes
Posted by D4L | Monday, September 27, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
This is a clear recipe for investors to follow, and will lead us quite naturally to two recent stock recommendations from Morgan Stanley’s a...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.