Fugayzi or Legit? Turn This Timid 2.5% Yield into Elite 8.4% Dividend
June 21, 2023 at 05:00 AM EDT
Let’s talk about legitimate financial engineering today. An easy, real and (honestly) no-brainer move to boost a timid 2.5% yield into an 8.4% dividend. Just type this ticker, not that ticker, and we’ve got it. An 8.4% dividend. Pay up, Wall Street—and give us a 5% discount to boot! The Wolf of Wall Street would term this type of move fugayzi . Slang for BS. The suits ripping off the little guy. This reverse fugayzi is our revenge. The wolves are scavenging for this 2.5% yield. We’ll buy the same stock, at a discount, and boost our dividend to an elite 8.4%.… Read more