In a volatile market, it would be awfully nice to have a dividend income stream that keeps on growing. What would be even better, though, is locking in that income stream at a near-double-digit yield. A Dividend Growth Stock Most People Have Never Heard Of...
Source:
Sounds too good to be true? Well, just take a look at Saratoga Investment Corp (NYSE:SAR). On Tuesday, November 27, the company announced that it had declared a quarterly cash dividend of $0.53 per share, representing a two-percent increase from its previous payment. The dividend will be paid on January 9, 2019 to shareholders of record as of December 17, 2018. I know, a two-percent payout increase is nothing to brag about. But note this: the announcement marked the company’s 17th consecutive quarterly dividend hike. At the new dividend rate, Saratoga Investment Corp offers an annual yield of 9.8%.
Related Articles:
- 8 High-Yielding Mega-Cap Stocks
- Dividend Investors Should Focus On Stocks, Not The Market
- The Secret Ingredient of Dividend Growth Stocks
- Dividend Growth Stocks With A Defined-Benefit Pension
- 3 High-Rated Dividend Stocks With Above Target Returns
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Over the years, few companies have served income investors better than the S&P 500 Dividend Aristocrats. To become a “Dividend Aristocra...
-
There is a company that’s doing exactly what you want to do: lending to venture growth stage businesses in the tech sector. Better yet, that...
-
First, and perhaps the most obvious, is that being able to enter biotech stocks at a cheaper price — assuming the companies are not fundamen...
-
Cheap valued stocks with high yields will never go out of style. I could go on about the powers of compound interest, but I think we're ...
-
This has got to be the most interesting high-yield opportunity to watch this earnings season. The company was already one of the most genero...
-
Owning high-quality, high-yield dividend stocks is the most effective way for investors to achieve outsize returns over the long run. But wh...
-
If we can buy stocks in good companies that are also at discounts to their peers in the market, we’re on the right track toward better retur...
-
I am adding to my existing long position in this REIT. The commercial property REIT has very convincing portfolio and dividend coverage stat...
-
Owning dividend stocks can be a great way to not only grow your portfolio but also get a tax-effective cash return on your investment. Wheth...
-
Investing in real estate can be lucrative. That is, if you don’t mind taking on a second job as a landlord. Would-be investors need solid cr...
D4L:
Thanks for pointing out this BDC. As you mention, a 2% increase doesn't seem like much, but with the quarterly increases the annualized dividend growth is over 8% - not too shabby.
I'll be doing some research on SAR. Thanks for the heads up!
Cheers,
Jason (Harvesting Dividends)