written by reader BILL OWENS “DIVIDEND CONVERSION MACHINES”

By wryter, January 14, 2019

Anyone have any idea what Bill Owens is talking about when he hypes his ”Dividend Conversion Machines” that can boost (for example) JNJ’s 2.77% dividend to 8%. I suspect this may be some sort of options play but if anyone out there knows what it is I’d appreciate a head’s up.

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Denis Turnock
Member
Denis Turnock
January 22, 2019 10:26 am

These are Closed End Funds usually at big discount to NAV.

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