If you don’t like these 8%, 9% and even 10%+ dividends, well, you’re not really an income investor.
That’s right. As I write, select closed-end funds (CEFs) yield 10.8%.
Ten. Point. Eight. Per. Cent!
We contrarians are locking in yields up to nearly 11%. When the market seas become choppy, we’ll stick to our script. Here it is, broken down in an 11-step playbook for these 8%, 9%, even 10.8% yields.
This post originally appeared at Contrarian Outlook.