1 High-Yield Stock You Likely Haven’t Considered. The blunt reality is that if you put all your money into stocks with double-digit yields, you are taking way too much risk. The reason is simple: if a high-quality stock with great dividend safety yields even close to 10%, people would rush towards it. And as they bid up the company’s share price, the dividend yield would fall.
Newtek Business Services Corp. (NASDAQ:NEWT), a New York City-based business development company (BDC), would be a good example. In fact, it is the most interesting double-digit yielder I’ve seen in a long time. Now, I know what you are wondering. We have looked at plenty of BDCs here at Income Investors. They usually lend to private businesses in the U.S. Why is this one special? Well, the interesting thing is, while Newtek is structured as a BDC, it does a lot more than just lending. The company provides a wide range of products and services, including electronic payment processing, web hosting, business lending, insurance services, outsourced digital bookkeeping, accounts receivable financing, web design and management, and payroll services.
Source: Income Investors
Related Articles:
- The Secret Ingredient of Dividend Growth Stocks
- Dividend Growth Stocks With A Defined-Benefit Pension
- 4 Higher-Yielding Stocks With A Low Price To Book
- Buy And Hold Is Not Buy And Forget
- 7 Stocks With A Vision Of Higher Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
-
Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to re...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.