Never let a good catastrophe go to waste. A combination of issues has made our newest Best Monthly Dividend Stocks pick a potential gold mine for investors. Already a top name in its field, our pick has the ability to pick up the pieces from several failed rivals and grow – rewarding investors along the way with a rich dividend!
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
Our pick is a business development company (BDC) that provides capital for private middle market businesses. It is a lucrative place to be as these firms don’t often have many choices to find much needed capital. And for firms in our pick’s niche, the choices are getting even smaller.
The win for our pick is that it makes its loans to the technology and life sciences sector. With the recent three failures of the largest tech-focused banks, our pick has emerged as one of the only lenders on the block catering to these businesses. With start-ups needing cash more than ever, our pick has plenty of pent up demand.
The best part is that our pick often includes equity kickers and intellectual property sharing agreements when it comes to its loans.
With plenty of current business and future potential, our pick makes for a great high-yield monthly dividend name.
In order to make room for our new tech-focused lender, we have removed a hybrid senior living REIT from the list.
