08-02-2021, 06:26 PM
(08-02-2021, 05:40 PM)ken-do-nim Wrote: Here's what I'm currently invested in that has a 7%+ yield:
- OXLC, 11.34% yield
- RA, 10.76% yield
- NLY, 10.37% yield
- PCI, 9.35% yield
- PFL, 8.66% yield
- ARCC, 8.21% yield
- RIO, 7.94% yield (misleading, it's a semi-annual payer that jumps around payout-wise, but it's definitely good)
- HTGC, 7.41% yield, however this is a DGI and they try to raise their dividend often
- MO, 7.16% yield, also DGI
- HRZN, 7.01% yield
Now let's see if any are any goodI'm going to use a 10 year DRIP timeframe and see how they do.
First, a baseline. Let's say you invested $10,000 in AT&T 10 years ago. How much would you have now? You'd have $16,698.77. T right now is sporting a 7.40% yield, so it's pretty comparable to these.
OXLC - not in their database, but over the last 10 years it has dropped from $20 to $7.34 so while it's on a sweet run now, long-term um no.
RA - starting date of 12/4/2016, but even with a much shorter time frame your $10k is worth $17009.89. In a 10 year frame likely much better; a base hit, maybe even a double.
NLY - $15,422.59. Swing and a miss! (since it didn't do better than T) I have it but I've already started to trim it.
PCI, PFL - mutual funds; not in their database
ARCC - $30,834.96 yowza!! I think that's a double.
RIO - not in their database, but up from $56 to $87 in the last 10 years, not including dividend reinvestment, so likely a triple
HTGC - $42,028.93 home run into the Monster seats!!!
MO - $31,166.97, another 2-bagger.
HRZN - not in their database. Up from $15.6 to $17.48 in the last 10 years, so with dividend reinvestment probably a solid hit
****
Edit: Bonus stock AGNC, with its 9.06% yield, which I sold last week, nets $20,254.19 so it's overall solid.
Oh, and ORC, which I cut last month, of the 15.66% nosebleed yield? Just $12,827.47 although it started in 2013. I say ground-into-double-play.
Every one of those has drawdowns of>35%, no thanks.