TICC Capital Corp. (TICC): TICC Capital For A Sustainable 12% Yield And Upside Potential - Seeking Alpha
Here is a good article about a business development company which has an annual dividend of around 12% paid in quarterly installments. I personally prefer Prospect Capital (PSEC) which also pays a 12% dividend. However, any company that pays a dependable dividend of more than 10% is great to own, especially if you are retired. If a person has $150,000 in his 401K that can be divided into several dividend stocks paying 10-12% annually, that person will essentially double his or her income assuming an average social security check of $1500 per month in retirement.
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