Stepping into the spotlight of our Best Monthly Dividend Stocks model portfolio is a fresh addition that stands tall among its peers: a robust, well-covered small-cap BDC. With an attractive forward dividend yield of 10.80%, it confidently sits in the top 20% of high-yield dividend stocks. But take note, savvy investors – this yield is slightly below the BDC industry average of 11.2%. Despite that, it’s holding its own, returning a respectable 4% YTD compared to the S&P 500 and the BDC industry, both at 12%.
Mark your calendars! The next payout, a steady $0.110/shr that went ex-div on May 17, is slated to be paid on June 14.
Guided by our stringent recommendation process, we prioritize Yield Attractiveness and Dividend Safety, and also consider Returns Potential and Risk. Keen on learning more? Brace yourselves for the comprehensive stock analysis that follows this teaser!
