HTGC - 3 Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist Right This Instant
2024-06-27 05:45:00 ET
One of the key ingredients in a diversified investment portfolio is dividend stocks. Passive income can be helpful for investors looking to supplement any gains they might have from growth stocks. Retirees in particular can benefit from earning some extra cash that's essentially free.
Business development companies (BDC) can be particularly good sources of dividend income, paying above market returns. Let's explore three BDCs that offer some juicy dividend yields and assess why now is as good a time as ever to scoop up some shares.
Hercules Capital (NYSE: HTGC) specializes in high-yield loans to start-ups that have raised funding from venture capitalists in the technology, healthcare, and energy sectors. Hercules' portfolio includes DNA test provider 23andMe , electronic-signature specialist Docusign , online sports betting site FanDuel, and ride-hailing service Lyft .
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3 Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist Right This Instant