Meet the Virtually Unknown 11%-Yielding Dividend Stock I Want to Triple My Stake in if the Stock Market Crashes
PennantPark Floating Rate Capital .(PFLT) The Motley Fool·2024-08-13 16:41
This under-the-radar monthly dividend payer makes for a phenomenal buy during short-lived periods of panic. Between the start of 2023 and the midpoint of 2024, the bulls were firmly in control on Wall Street. The rise of artificial intelligence (AI), the return of stock-split euphoria, and better-than-expected corporate earnings/economic data helped propel all three major stock indexes to multiple record-closing highs. But as history has repeatedly shown, the stock market doesn't move up in a straight line. ...