{"id":37527,"date":"2023-11-30T15:27:47","date_gmt":"2023-11-30T15:27:47","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/jamie-dimons-somewhat-secret-7-4-dividend-set-to-soar\/"},"modified":"2023-11-30T15:27:48","modified_gmt":"2023-11-30T15:27:48","slug":"jamie-dimons-somewhat-secret-7-4-dividend-set-to-soar","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=37527","title":{"rendered":"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar"},"content":{"rendered":"
\n

This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly benefit.<\/p>\n

We\u2019ll highlight the name and<\/em> ticker of my favorite bond fund for 2024 in a moment. First, let\u2019s discuss why<\/em> we\u2019re discussing it.<\/p>\n

For two straight years, the US dollar has rallied relentlessly. Credit (or blame) the Federal Reserve. When the Fed hikes, the buck rallies.<\/p>\n

But an inflection point<\/em> is near. The Fed will<\/em> pause in its interest-rate hikes soon. This means the greenback is near a top, give or take, because it moves along with its best friend, the Fed Funds Rate. Who leads who is an academic argument\u2026 or one to be settled over drinks! The bottom line is that when the Fed cuts, the dollar declines:<\/p>\n

The cuts are coming because a recession will<\/em> eventually arrive. When that happens, Fed rates will plummet. Ironically, the more hawkish the Fed stays now, the more dovish it will be on the other side. Reason being, Jay Powell and his team will break more things by trying to keep rates higher for longer and will have more cleanup to do when they lower them!<\/p>\n

<\/fbs-ad><\/p>\n

We\u2019re 18 months into the current rate hike cycle. My bet is that it won\u2019t take much longer for the economy to slow.<\/p>\n

That\u2019s why the buck will likely be lower a year from now. And that will light a fire under emerging-market bonds.<\/p>\n

Yes, a weak buck is a big catalyst for emerging bonds. Foreign countries and companies often borrow in US dollars rather than their own currency. But they still have to service the debt in their own currency, or buy dollars to do it, and a pricier buck makes that more difficult.<\/p>\n

We have a friendlier setup brewing for 2024. We contrarians should position ourselves for a weaker dollar, which will \u201csurprise everyone\u201d who only reads the headlines. To do so, we turn to Dimon and his iShares JP Morgan USD Emerging Markets Bond ETF (EMB
\n
\n EMB
\n <\/fbs-ticker>)<\/strong>.<\/p>\n

EMB has a headline 5.2% yield but that\u2019s too low. The fund\u2019s SEC Yield reveals the sweeter truth.<\/p>\n

\u201cSEC Yield\u201d reflects the interest the fund earned, minus expenses, over the past 30 days. It\u2019s fairer and more accurate calculation of what\u2019s current and ahead than is the trailing twelve-month yield.<\/p>\n

With the SEC calculation, we\u2019re changing our focus from the rearview mirror to the road ahead. What\u2019s EMB likely to pay over the next<\/em> 12 months? Using SEC yield gives us a fat 7.4%. Now we\u2019re talking.<\/p>\n

With the greenback topping out, EMB will grind higher. Which means price gains on top of a 7.4% payout, paid monthly. Perfect!<\/p>\n

About that monthly dividend\u2014it does fluctuate a bit with currency movements. No big deal. Just giving you a heads up that your payment will be relatively<\/em> steady but not perfectly so:<\/p>\n

As contrarian investors we love inflection points in markets. When the herd is convinced that something will<\/em> happen, the opposite<\/em> often does. Higher dollar? Perhaps according to the rearview mirror, but the road ahead indicates otherwise\u2014which gives this 7.4% divvie room to accelerate.<\/p>\n

Brett Owens is chief investment strategist for <\/em>Contrarian Outlook<\/em>. For more great income ideas, get your free copy his latest special report: <\/em>Your Early Retirement Portfolio: Huge Dividends\u2014Every Month\u2014Forever.<\/p>\n

Disclosure: none<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly benefit. We\u2019ll highlight the name and ticker of my favorite bond fund for 2024 in a moment. First, let\u2019s discuss why we\u2019re discussing it. For two straight years, the US dollar has rallied<\/p>\n","protected":false},"author":1,"featured_media":37528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-37527","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nJamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microloannexus.com\/?p=37527\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar | Micro Loan Nexus\" \/>\n<meta property=\"og:description\" content=\"This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly\" \/>\n<meta property=\"og:url\" content=\"https:\/\/microloannexus.com\/?p=37527\" \/>\n<meta property=\"og:site_name\" content=\"Micro Loan Nexus\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-30T15:27:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-30T15:27:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/11\/1701358068_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1350\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/microloannexus.com\/?p=37527#article\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/?p=37527\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\"},\"headline\":\"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar\",\"datePublished\":\"2023-11-30T15:27:47+00:00\",\"dateModified\":\"2023-11-30T15:27:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/microloannexus.com\/?p=37527\"},\"wordCount\":573,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/microloannexus.com\/?p=37527#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/microloannexus.com\/?p=37527\",\"url\":\"https:\/\/microloannexus.com\/?p=37527\",\"name\":\"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar | Micro Loan Nexus\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/#website\"},\"datePublished\":\"2023-11-30T15:27:47+00:00\",\"dateModified\":\"2023-11-30T15:27:48+00:00\",\"description\":\"This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly\",\"breadcrumb\":{\"@id\":\"https:\/\/microloannexus.com\/?p=37527#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/microloannexus.com\/?p=37527\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/microloannexus.com\/?p=37527#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/microloannexus.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/microloannexus.com\/#website\",\"url\":\"https:\/\/microloannexus.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/microloannexus.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/microloannexus.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/microloannexus.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/microloannexus.com\"],\"url\":\"https:\/\/microloannexus.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar | Micro Loan Nexus","description":"This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/microloannexus.com\/?p=37527","og_locale":"en_US","og_type":"article","og_title":"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar | Micro Loan Nexus","og_description":"This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly","og_url":"https:\/\/microloannexus.com\/?p=37527","og_site_name":"Micro Loan Nexus","article_published_time":"2023-11-30T15:27:47+00:00","article_modified_time":"2023-11-30T15:27:48+00:00","og_image":[{"width":1350,"height":900,"url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/11\/1701358068_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/microloannexus.com\/?p=37527#article","isPartOf":{"@id":"https:\/\/microloannexus.com\/?p=37527"},"author":{"name":"News Room","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a"},"headline":"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar","datePublished":"2023-11-30T15:27:47+00:00","dateModified":"2023-11-30T15:27:48+00:00","mainEntityOfPage":{"@id":"https:\/\/microloannexus.com\/?p=37527"},"wordCount":573,"commentCount":0,"publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/microloannexus.com\/?p=37527#respond"]}]},{"@type":"WebPage","@id":"https:\/\/microloannexus.com\/?p=37527","url":"https:\/\/microloannexus.com\/?p=37527","name":"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar | Micro Loan Nexus","isPartOf":{"@id":"https:\/\/microloannexus.com\/#website"},"datePublished":"2023-11-30T15:27:47+00:00","dateModified":"2023-11-30T15:27:48+00:00","description":"This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon\u2019s safe, somewhat-secret 7.4% dividend will directly","breadcrumb":{"@id":"https:\/\/microloannexus.com\/?p=37527#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/microloannexus.com\/?p=37527"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/microloannexus.com\/?p=37527#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/microloannexus.com\/"},{"@type":"ListItem","position":2,"name":"Jamie Dimon\u2019s Somewhat-Secret 7.4% Dividend Set To Soar"}]},{"@type":"WebSite","@id":"https:\/\/microloannexus.com\/#website","url":"https:\/\/microloannexus.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/microloannexus.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/microloannexus.com\/#organization","name":"Solutions For Real","url":"https:\/\/microloannexus.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/microloannexus.com"],"url":"https:\/\/microloannexus.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/37527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37527"}],"version-history":[{"count":1,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/37527\/revisions"}],"predecessor-version":[{"id":37529,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/37527\/revisions\/37529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/media\/37528"}],"wp:attachment":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}