My name is Jordan Shaw and I have been an investor in the stock market for 20 years. I have a MBA and I am currently a Certified Public Accountant (CPA). Since the age of 16 I have taken a keen interest in the stock market and used my fathers stock account to purchase my own stocks. I am 36 now, and have started this blog to give you my advice on stocks. Most of my information and statistics come from other sources, but using my research I can make suggestions on stocks that have potential.


Monday, 11 June 2012

A good stock for monthly dividends

Main Street capital (NYSE:MAIN) is a steady stock that yields 7.4 % monthly. I like monthly dividends because I reinvest my money into more of that share which grows my earnings slightly faster than an annual or quarterly yield. MAIN is a business development company (BDC), which means it loans money to small, fast-growing private companies for interest and an equity stake. If a company in its loan portfolio gets bought out or goes public, MAIN gets a piece of the action. By law, BDCs have to pay out 90% of their taxable income to their shareholders, making them an asset class custom-made for income investors.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)