This 11.2% Yield (Paid Monthly) Looks Interesting

Is This High-Yield Stock Worth Considering? For income investors, few things are better than monthly dividend stocks. But because of their popularity, the most well-known monthly dividend companies have already gotten expensive, meaning their yields are now subdued.

And that’s why Horizon Technology Finance Corp (NASDAQ:HRZN) has caught my attention. The company pays monthly dividends of $0.10 per share, which, at the current price, translates to a staggering annual yield of 11.2%. In today’s market, ultra-high yielders usually come from real estate or the midstream energy sector. But Horizon Technology is a bit different. Instead of being a landlord or a pipeline operator, Horizon operates a venture lending platform that specializes in providing financing solutions to companies in the technology sector.

Source: Income Investors

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