Dividend-News
Daily dividend news for investors in dividend stocks
Dividend Model Changes With Today's Federal Reserve Actions
Published Thu, 07 Jun 2012 02:05:25 -0400 on Seeking Alpha
I believe a new U.S. Federal Government quantitative easing plan will boost a few segments and stocks. These stocks offer high dividend yield, capital appreciation, and will benefit directly from U.S. fiscal stimulus. Stocks ramped over 2% on Wednesday due to Fed Chairman Bernanke's Thursday meeting on Capital Hill. Here are a few stocks which can make money based upon the current economic back drop.
Gabelli Global Gold, Natural Resources & Income Trust (GGN)
Gabelli Global Gold is a closed end fund with a June 6th closing net asset value of $13.24. As of June 6th, Gabelli Global Gold is trading at a 5.28% premium to net asset value. Gabelli Global Gold owns gold and natural resource stocks. The business model is to sell covered calls against the long stock positions. Assuming a new round of quantitative easing is issued, gold should move up. Gabelli Global Gold pays an annual... Read more
| Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GABELLI GLOBAL GOLD NAT RES & INC TRUST | 4.44 | 0.0 | 0.00 | 0.00 | 13.48 | |||||||
| ELLINGTON FINANCIAL | 17.90 | 16.3 | 1.10 | 1.68 | 9.44 | |||||||
| MAIN STREET CAPITAL | 43.18 | 16.8 | 2.57 | 2.46 | 5.69 | |||||||
| CONOCOPHILLIPS | 56.35 | 9.1 | 6.20 | 1.22 | 2.17 |