Author: Brett Owens, Contrarian Outlook

We contrarian income seekers are putting the ticker on our buy list, too.

There are companies that pay each shareholder hundreds, thousands, even tens of thousands of dollars a year more than expected.

It’ll soon be “game on” for fixed income of all sorts. And that includes one class of stock that has been kicked deep into value territory — giving us a potential one-two punch of high income (6.9% to 9.2% yields) and a violent bounce off the bottom.

2024 is setting up to be a great year for us contrarian dividend investors — but to take full advantage, we need to buy NOW — while fear is still in the air.

It’s trading at a 37% discount to its net asset value, making it arguably the cheapest CEF on the planet!