This Stock Raised Its Monthly Dividend 5%, Now Yields 7.4%

Solar Senior Capital Ltd. (SUNS) is a business development company primarily investing in senior secured loans, including first lien, unitranche, and second lien debt instruments. July 9th the company increased its monthly dividend 5% to $0.105 per share. The dividend is payable August 2, 2012 to stockholders of record on July 19, 2012. The yield based on the new payout is 7.4%. Below are some other companies increasing their cash dividends during the last week:

Ryder System, Inc. (R) provides transportation and supply chain management solutions. July 11th the company increased its quarterly dividend 6.9% to $0.31 per share. The dividend is payable September 21, 2012, to shareholders of record on August 20, 2012. The yield based on the new payout is 3.7%...

Source: Dividends Growth Stocks

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