Dividends4Life: This 11.3% Yield (Paid Monthly) Looks Interesting

Dividend Growth Stocks News

This has got to be the most interesting high-yield opportunity to watch this earnings season. The company was already one of the most generous dividend payers in the stock market, and it was already offering a monthly payout schedule. But due to the latest earnings report, investors purchasing its shares today can lock in an even higher yield than before.

I’m talking about Prospect Capital Corporation (NASDAQ:PSEC), a business development company (BDC) headquartered in New York City. When I said investors can lock in a higher yield, you probably assumed that the company had just raised its dividend. At the end of the day, the first earnings season of a calendar year is a popular time for corporations to announce dividend hikes.

Source: Income Investors

Related Articles:
- A Disciplined Approach To Dividend Growth Stocks
- 3 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 6 High-Yield REITs With Growing Dividends
- 26 Income Securities For A Well-Rounded Asset Allocation
- 5 Small/Mid-Cap Dividend Growth Stocks Answering The Call

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.