Dividend Stocks With Potential to Double

This article discusses the potential for outsized returns through the reinvestment of monthly dividends for two companies – Armour Residential REIT (ARR) and Prospect Capital Corporation (PSEC).

Based on the current market price and monthly dividend amounts for ARR and PSEC, my calculations indicate that in a two-year time frame, one can increase the number of shares owned by 46% and 33%, respectively, with zero capital appreciation. Those numbers increase to 159% for ARR and 105% for PSEC when extending the time frame out to five years.

Source: Seeking Alpha

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