This just might be the most interesting high-yield stock I’ve seen so far this year. The company comes from a traditionally high-yield industry, but its business differs quite a bit from its peers. And the best part is, this high-dividend stock just raised its already impressive payout.
The stock in question is Newtek Business Services Corp (NASDAQ:NEWT), a business development company (BDC) that has been around since 1998. If you’ve been following this column, you’d know that BDCs can be great for yield-seeking investors. Many of them are lenders to middle-market businesses in the United States. By providing financing solutions to these businesses—who can’t always get loans from banks, BDCs can earn outsized interest income.
Source: Income Investors
Related Articles:
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
- Building Yield: 6 Consumer Goods Dividend Stocks
- Why Dividend Growth Stocks Are Evil
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
The truth is, some of the best dividend stocks can be found outside the United States. The world is filled with a variety of strong multinat...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
As we have seen plenty of times, a company that can’t cover its payout will have to cut its dividend at some point. And when that happens, t...
0 comments
Post a Comment
Post a Comment