This Safe Fund Just Raised Its Dividend, Now Pays 8%

This Safe Fund Just Raised Its Dividend, Now Pays 8%

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While most income investors stare at their portfolios, searching for the next shoe to drop, we contrarian yield collectors were treated to a rare treat this week. A dividend increase—from an income fund that now yields 8%!

We’ll talk specifics in a moment, but let’s start with the cash flow stream. This fund buys “preferred” shares, a brand of stock that most mainstream investors are not…

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