High-yield stocks/funds

Discussion in 'Investing' started by MrMike, Jul 6, 2021.

  1. MrMike

    MrMike Member

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    Hi everyone,

    I'm starting my margin account and wanted to get some ideas on which stocks to put in there.

    Some ideas are:
    • DS 8.19%
    • HHL 8.53% Harvest Healthcare Leaders Income ETF Cl A Units
    • GDV 9.23% Brompton - Global Dividend Growth Split Corp
    • CGXF 10.80% CI First Asset - Gold+ Giants Covered Call
    • AFCC.H.VN 10.80% Automotive Finco
    • TXF 11.53% CI Tech Giants Covered Call ETF
    • ENS 11.56% E Split Corp Class A
    • LBS 12.44% Life & Banc Split Corp.
    • FTN 13.00% Financial 15 Split Corp. Class A
    • DFN 14.46% Dividend 15 Split Corp.
    BMO's ZW_ ETFs are great as well: ZWC, ZWK, ZWE, ZWG, etc...

    Does anyone have a favorite high-yield stocks/funds?
     
    #1 MrMike, Jul 6, 2021
    Last edited: Jul 6, 2021
  2. MrMike

    MrMike Member

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    bump - No one on this forum invest in income stocks?
     
  3. TomB16

    TomB16 Well-Known Member

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    I am invested in income stocks.

    I have some familiarity with Canadian income equities but I dont recognize most of those and the ones I do recognize I dont like. Nobody wants some guy to crap on his choices and his thread because he has made different choices.

    I find NWH-UN and NHF-UN interesting but NHF has gone up quickly and we wont know how much value there is in it until they post more than a year of results (it IPOed in Nov 2020 at $12.50).
     
  4. TomB16

    TomB16 Well-Known Member

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    I will mention that I stay away from aggregators, as a rule. Everyone and their dog want to position themselves between a company that has cash flow and the investment community. I can only recall three aggregators that have beaten market returns in my 40 years of investing. And yet, we have about 1.5x more aggregators than companies that add value to the economy.

    99% of aggregators are parasites, imo.
     
    #4 TomB16, Jul 27, 2021
    Last edited: Jul 27, 2021
  5. Marvan

    Marvan Active Member

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    I do have some shares of RiverNorth Opportunities Fund, Inc. (RIV) in my portfolio. They pay monthly !
     
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  6. TomB16

    TomB16 Well-Known Member

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    As I recall, you are in Europe. (Belgium? I apologize but I don't recall)

    Are you able to get a refund of the withholding tax?
     
  7. Marvan

    Marvan Active Member

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    Dividend-taxes are different for me, i do have to pay 15% to the USA and then another 30% for the Belgian Government.

    The dividend of RIV is at present 11.4%, so i receive 6,78% netto.
     
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