Today we’ll discuss a duo of cheap dividend stocks paying 11.2%. And, for good measure, we’ll throw in another bargain even though it “only” yields 9.5%.
I jest because I love. Dividends, that is. And bear markets don’t usually last much longer than this. So, it is double-digit yield shopping we go.
These are serious yields we’re looking at—the kind we need to retire on dividends alone. They’re hard to find among over-followed, over-analyzed and over-owned blue-chip stocks. But they’re abundant in BDCland (populated by business development companies (BDCs), of course).
Like real estate investment trusts (REITs), business development companies are a creation of Congress.… Read more