5 “Safe” 6.3% Dividends That Could Crumble in 2020

What’s does 2020 hold for your utility stocks (and closed-end funds )? Will these steady income plays hand us another round of big gains and dividends? Or is there trouble ahead? These are reasonable questions to ask after these “boring” stocks poured on a huge—and rather “un-utility-like”—26% total return last year: Utilities or Exploding Small Caps? Tough to Tell. Let’s dive into three critical factors that will tell the tale for utilities in 2020. And because it’s the season for forecasts, I’ll throw in my verdict on the sector for the coming year, too, and name five utility closed-end funds (CEFs) paying huge dividends of 6.3%… Read more
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