Dividend Income Opportunities for the Holidays
By: Ned Piplovic,
A number of stocks and funds that pay enticing yields announced their next dividend payments recently and may be worth considering as a dividend income source for your own portfolio as the holidays move closer
One position, Oxford Lane Capital Corp. (NASDAQ: OXCLC), features an impressive 20.76% dividend yield. Five other positions featured below offer dividend yields of at least 5 percent.
Oxford Lane Capital Corp. (NASDAQ: OXCL) is a publicly-traded registered closed-end management investment company based in Greenwich, Connecticut.
The company has paid a steady quarterly dividend of $0.60 since 2011. Current dividend yield is 20.76% and the five-year average dividend yield is 17.10%.
Oxford Lane Capital’s share price closed at $11.56 at the end of trading on Nov. 16, which is only 2% lower than its $11.80 high from Aug. 15.
The following five additional dividend plays offer yields above 5 percent and ex-dividend dates in December 2016.
Here is a list of those opportunities for quick dividend income before the end of the year.
Also, all five investments have increased their dividend payout compared to the most recent period.
Keep in mind that dividend increases, dividend decreases, new dividend announcements, dividend suspensions and other dividend changes occur daily.
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Ned Piplovic is the assistant editor of website content at Eagle Financial Publications. He graduated from Columbia University with a Bachelor’s degree in Economics and Philosophy. Prior to joining Eagle, Ned spent 15 years in corporate operations and financial management. Ned writes for www.DividendInvestor.com and www.StockInvestor.com.