It’s no secret this economy is slowing—at least in the near term. That’s given us contrarians a (time-limited!) buy window on the “dividend twofer” we’re going to dive into today.
One of the tickers we’ll talk about below pays a sturdy 7% now. The other yields 4.9% and sports a source of upside no one has noticed (except us, of course!).
Both are utility plays, which tend to rise as the economy slows, lowering interest rates as it does. Let’s get into this opportunity, starting with last week’s GDP report, which said, yes, the US economy did shrink to start the year.
This post originally appeared at Contrarian Outlook.