Whenever a dividend payer goes on sale, it’s a chance for you and I to make a lot of money AND collect steady income. Today, we’ll highlight four stocks that are worthy of our review. Are these four stocks wild bargains, or “cheap for a reason”? Let’s dive in.
It now trades at a 4.2% discount to net asset value (NAV), which is wider than the 3.8% it’s averaged in the last 12 months. And the fund has traded at a premium in the past, too. That means we’re set for some nice downside insurance AND upside here. And we’ll collect its 7.4% payout while we wait.
Each of these funds has a market cap above $600 million, pays a 5%-plus Federal tax-free yield, pays its distribution monthly, trades at a discount to its NAV and has generated 6%-plus returns on its NAV since inception.