WMB - HTD: Great Dividend CEF But Incredibly Expensive

• Dividend investing is a popular strategy for investors seeking both income and inflation protection.
• HTD invests in a portfolio of dividend-paying stocks, primarily utilities, in order to provide investors pursuing this strategy with a one-stop solution.
• Retirees especially have become desperate for good sources of income due to the policies of the Federal Reserve that have rendered traditional strategies useless.
• HTD has a history of growing its payout over time and appears more than capable of maintaining its 6.58% yield.
• The fund is trading a premium that is well above its thirty day average so it may make sense to wait before buying in.

For further details see: