If you're looking for an attractive dividend yield at a discount in the tech sector, maybe you should check out two popular sister tech funds. Management raised the monthly payouts again in October by ~10%. It's selling a much cheaper NAV discount vs. its historical averages. The article also covers another fund selling at a discount. Management also raised its monthly dividends twice in 2021. We compare their holdings, performance, discounts, and attributes.
BlackRock Science And Technology Trust (BST), and its younger sibling, BlackRock Science and Technology Trust II (BSTZ), which IPOd in 2019. A useful strategy when investing in CEFs is to buy them at discounts to NAV which are deeper than their historical discounts. Unlike some CEFs, which constantly trade at discounts to their daily NAV and below their inception to NAV, BST has a history of trading at a premium. Its inception NAV was $19.06, vs. its current pricing of above $50.00, indicating long-term value accretion for shareholders. As of 11/24/21 afternoon, both CEFs were trading at discounts to their previous day's NAV/share values.
Source: Seeking Alpha
Related Articles:
6% Tech Yield, 6% Discount, 10% Monthly Dividend Hike
Posted by D4L | Friday, December 17, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.