Dividends4Life: This 11.5% Yield Looks Interesting

This 11.5% Yield Looks Interesting

Posted by D4L | Monday, November 05, 2018 | | 0 comments »

In this day and age, a dividend yield north of 10% often seems too good to be true. But every once in a while, you come across an ultra-high yielder that can actually back its payout...

CM Finance Inc (NASDAQ:CMFN) stock is a good example of this. CM Finance is in the lending business. Headquartered in New York City, the company provides financing solutions to middle-market businesses in the U.S. By collecting interest payments from its loan portfolio, CM Finance can pay regular dividends to its shareholders.

Source: Income Investors

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