Dividends4Life

Need some high-yield outperformers in your portfolio? This one yields 12.59% and pays monthly. It has outperformed the bond market and the S&P by a big margin in 2022. We compare it to other high-yield outperforming monthly payers.

The Guggenheim Strategic Opportunity Fund (NYSE:GOF) is a closed-end fund which offers a mix of fixed income and equity strategies. Profile: "The Fund’s investment objective is to maximize total return through a combination of current income and capital appreciation. The Fund will pursue a relative value-based investment philosophy, which utilizes quantitative and qualitative analysis to seek to identify securities or spreads between securities that deviate from their perceived fair value and/or historical norms. The Fund’s sub-adviser seeks to combine a credit managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies."

Source: Seeking Alpha

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Dividend-paying stocks can provide excellent options for older investors looking to build steady income streams as they head into retirement. While such companies tend to not be great candidates to become 10-baggers in the next decade when it comes to stock price appreciation, they can provide solid returns many have the potential to double your cost basis within 10 years. That might not seem like a great return, but it can be precisely what a retiree needs, and investing in these stocks also reduces the level of unnecessary risk in a portfolio.

Here are three dividend-paying stocks that could double your money in under 10 years, either through price appreciation, dividend growth, or both. Electronic Arts (EA) is generating plenty of free cash flow growth to fund increased dividends over time. The Hershey Company's (HSY) brand power keeps the free cash flowing to fund consistent dividend hikes. PepsiCo's (PEP) dividend has steadily risen over the last decade as Pepsi has grown and acquired new brands.

Source: Motley Fool

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Safe growth stocks with dividends are appealing because of their stability and predictability. Buying them will keep investors largely protected from volatility while also providing them with income and a good chance of realizing significant capital gains.

These safe growth stocks with dividends will provide decent returns and low volatility even during an economic downturn: Cisco (CSCO) will benefit from the expansion of the internet and the proliferation of 5G. McDonald's (MCD) is would be boosted by a "trade-down" phenomenon during a recession. Dominion (D) will benefit from recently-passed tax credits.

Source: InvestorPlace

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Social Security recipients have something to look forward to. Retirees and other beneficiaries are about to get their biggest benefits increase in years. The Social Security Administration will announce the 2023 cost-of-living-adjustment (COLA) sometime this fall, and after a year of sky-high inflation, it's likely to be the biggest since the early '80s. That's because Social Security benefits are adjusted each year based on a subset of the Consumer Price Index, which has been up more than 8% year over year in recent months.

If you're looking to take advantage of the Social Security COLA windfall, one of the best ways to do so is by investing that money into quality dividend stocks. If you're a retiree who loves getting quarterly dividend checks, keep reading to see two great income stocks that are on sale today. Sure, Target (NYSE: TGT) has been bruised and battered in the recent retail malaise. It's worth remembering that the stock is still up about 200% over the past five years, displaying a track record of outperformance. Compared with its big-bank peers, JPMorgan Chase's (NYSE: JPM) record is nearly spotless. The nation's No. 1 bank by assets didn't need a bailout during the financial crisis, as many of its peers did, and it's mostly avoided the kind of scandals that have plagued rivals Wells Fargo and Citibank.

Source: NASDAQ

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Are you familiar with the business development company industry recently? Known as BDC's, these firms lend money to privately held companies, which also have co-sponsors, such as VC groups and hedge funds. This BDC yields 9.59% and pays monthly. The company benefits from rising interest rates - its debt portfolio is 100% floating rate. It is trading at a -2.5% discount to NAV, lower than the BDC industry avg. premium of 1%.

We've covered several BDC's in our weekend articles, and this week we're covering PennantPark Floating Rate Capital Ltd. (NYSE:PFLT), a BDC under the Pennant Park Investment Advisors Group platform. PFLT seeks to make secondary direct, debt, equity, and loan investments. It focuses on companies that are owned by established middle market private equity sponsors with a track record of supporting their portfolio companies. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million.

Source: Seeking Alpha

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