Brett Owens graduated from Cornell University and soon thereafter left Corporate America permanently at age 26 to co-found two successful SaaS (Software as a Service) companies. Today, they serve more than 26,000 business users combined. He took his software profits and started investing in dividend-paying stocks. Mr. Owens employs a contrarian approach to locate high payouts that are available thanks to some sort of broader misjudgment. Renowned billionaire investor Howard Marks called this "second-level thinking."
There’s a quiet shift happening in the market, and we’re going to tap it for some big, and growing, dividends, plus serious price upside, too, explains Brett Owens, dividend expert and editor of Contrarian Outlook.
CEO Jeff Sprecher and his Board of Directors at Intercontinental Exchange (ICE) recently dished us a 10% dividend increase; the shares now pay $0.33 each quarter versus $0.30 previously, observes income specialist Brett Owens, editor of Hidden Yields.
High-yield bonds have never paid less. Which is too bad, because let's be honest -- dividends are the reason we income investors wade in "junk bond" waters in the first place, suggests Brett Owens, income expert and chief investment strategist at Contrarian Outlook.