2 Humdrum Funds Paying Exciting Dividends

The problem with the red-hot names you hear being touted as the “next big thing” is that they rarely pay much of a yield, if any, and they’re likely to fall right back out of favor when their 15 minutes are up. After all, the market has become much more risk averse and is favoring stocks that are thriving because of organic growth, not empty buzz. Strong fundamentals are the name of the game for smart yield-seekers, not trend stocks that get more attention from gimmicks and rumors than from their actual businesses.

The two names I’ll discuss today are not ones that will make Jim Cramer jump up and down with excitement on CNBC, but they do pay exceptionally high (and stable) income in a market that’s rewarding that objective: PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD) and Guggenheim Strategic Opportunities Fund (GOF).

Source: Investor Place

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