Dividends4Life: 12.7% Yielder Most People Have Never Heard Of

12.7% Yielder Most People Have Never Heard Of

Posted by D4L | Wednesday, August 14, 2019 | | 0 comments »

If sheer dividend yield is what you are looking for, then few companies can do a better job than FS KKR Capital Corp (NYSE:FSK). Never heard of this company? You are not alone. FS KKR Capital does not serve consumers directly, and as a result, most people aren’t familiar with it.

So, how does this little-known company manage to offer such a big payout? Well, FS KKR Capital provides customized credit solutions to private middle-market businesses in the United States. The company invests primarily in senior secured debt, which can generate a predictable stream of interest income. Then it passes that income to shareholders through regular dividend payments.

Source: Income Investors

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