This Cheap Monthly Dividend Stock Offers a 9.1% Yield

If you want to find good deals this holiday season, forget the department stores. Instead, go to the stock market. Due to the lackluster performance of U.S. equities over the past few months, shares of many solid companies are trading at a discount. And if you are into income investing, you just might find a hidden monthly dividend-paying gem that most people have never heard of. That’s right. In today’s market, even monthly dividend stocks, which have always been highly sought after, can offer discounts.

find a hidden monthly dividend-paying gem that most people have never heard of. That’s right. In today’s market, even monthly dividend stocks, which have always been highly sought after, can offer discounts. I’m looking at Solar Senior Capital Ltd (NASDAQ:SUNS), a business development company headquartered in New York City. Before you ask, the answer is “no;” despite having the word “Solar” in its name, Solar Senior Capital Ltd is not in the renewable energy business. Instead, it provides financing solutions primarily to middle-market companies in the U.S.

Source: Income Investors

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